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NZDJPY Signal - 17th January 2023

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Signal Details
Entry Price: 
82.460
Take Profit: 
78.800
Stop Loss: 
83.340
Direction: 
Sell
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NZDJPY has made small gains at the start of this week after a rapid decline last week, it is approaching a strong daily level before economic announcements are released by the BOJ tomorrow. We anticipate a turn around from this level to the next Fibonacci line in the region of 78.800.

Submitted by Toni H. on Tue, 17 Jan 2023 03:28:38 GMT

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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.

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