I am a bull on all Yen pairs based on seasonality and with the 10 Y note falling and Gold also coming down. This gives Yen Bears extra confidence to sell Yen.
price is at the WM3 which ia sell zone but bears need to be careful because of the series of higher highs and higher lows on the H1 time frame
The H1 shows a developing up trend and as a bull on NZDJPY i want to buy higher lows
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About The Forex Analyst
Graduate in Bcom Human Resources Management. I am a full time Currency Trader and Market Analyst using technical and fundamental analysis, I have been trading in the Forex market since 2016. I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking to learn and improve my skills as a professional, consistent and successful Trader & Investor for above average returns and a better understanding of the financial industry and financial markets.