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NZD/JPY Signal - NZD Credit Card Spending - 21 Oct 2021

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Signal Details
Entry Price: 
82.420
Take Profit: 
81.00
Stop Loss: 
83.070
Direction: 
Sell
How we trade
Average: 5 (1 vote)

NZD/JPY has traded into a 4 year high prior to the NZD Credit Card Spending data. Technically the Daily chart RSI is oversold, and the 1h chart rsi has bearish divergence. We have just exited our buy trade, and are now looking to reverse our position!

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.