This pair has reached a daily resistance level as well as showing bearish divergence on the OVB indicator. The news from the trade deal with China does affect the JPY, NZD and AUD however Trump is still scheduled to sign the tariffs on China and that will cause the Kiwi to drop some helping reach the take profit level.
I would love to hear your thoughts about this idea.
Disclaimer;
This is not a signal .
Please trade at your own risk using your own analysis.
I would love to hear your thoughts about this idea.
Disclaimer;
This is not a signal .
Please trade at your own risk using your own analysis.