NZDJPY - Larger Perspective
If we view this pair from a larger perspective we will see that in reality all sellers that were lured in at the breakout have now been stopped out.
This could mean that banks have significant liquidity to make the true move to the downside.
I will be waiting on a strong pullback before getting involved in long term sells.
This could mean that banks have significant liquidity to make the true move to the downside.
I will be waiting on a strong pullback before getting involved in long term sells.
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