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Thread: NZD JPY

  1. #21
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  2. #22
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    The North Korean missile launch is heightening political tensions into the G-20 Summit in Germany on 7th-8th July.
    Accelerated JPY weakness since early June has now become technically stretched with limited Japanese data releases until next week’s trade data.
    The technical “stretch” is particularly noticeable in NZDUSD and highlights NZD vulnerable as outlined above

  3. #23
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    Quote Originally Posted by Yousuf Ali View Post
    The North Korean missile launch is heightening political tensions into the G-20 Summit in Germany on 7th-8th July.
    Accelerated JPY weakness since early June has now become technically stretched with limited Japanese data releases until next week’s trade data.
    The technical “stretch” is particularly noticeable in NZDUSD and highlights NZD vulnerable as outlined above
    Maybe, there will be a shirt comeback from the daily resistant level 83.68 (NZD/USD)! But the point is, buyers are so active on this pair right now! Even, then break this level so strongly, then there will be no option for the sellers (long time).

 

 
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