Buy NZD/JPY, news trade | Nov 26, 2019

As per previous analysis, we have already been bullish in NZD/JPY. This news trade is not only based on this current analysis but also supported significantly by previous analysis that illustrates strength of NZD/JPY in last two weeks.

In last hour, the US and China reached consensus on phase 1, which caused NZD/JPY to break the channel on H1.

I entered at 70.00 right at penetration of upper line of channel. During movement in last hour, I believed on this penetration that it will make H1 close above the channel's line unlike previous penetration because this penetration is supported by a significant news (significant because this news is related to many other positive news of its series).

TP 3.0 pips below ABCD100.0 (70.276) of D1.


Recent Posts

See All

Comments on our YouTube channel are enabled.

We have enabled comments on our YouTube channel. However, we suggest you to sign up/ subscribe on because we are not sure how quickly we will be able to

  • Facebook Social Icon

© 2010-21 by

The information on this website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement.


Past performance is no guarantee of future results. Your capital is at risk in Forex & CFD trading.