NZDJPY is on our watchlist again this week after the market risk-off sentiment continued. The recent outbreak of the coronavirus has seen investors rush to safe-havens with JPY benefitting. Looking at the 4hr timeframe we can see the price is finding support at the key 7135.00 zones. If the price bounces here we can expect […]
In this latest forex chart of the day video, we discuss a current NZDUSD long position we have in the markets, why we traded it and how we are managing the position. We used the trade finder indicator to spot the 4hr opportunity as the price re-tested a daily area of support.