The Forex Mechanics are going long on USDjpy this morning We enter at 120.533 and we will exit at 120.810. We are also exiting our trades on NZD as we feel the that Kiwi might not be able to break the supports on daily T.F NZDchf The pair has tested 0.77607 support level several times and it has not been able to break it. We feel until it breaks this support level. All kiwi pair will head back south.
I need to post this very quickly as something is already happening with USDJpy
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