Dear Traders,
As the New York session begins, we're seeing increased volatility in the market. I've observed a significant price action on NZDJPY, with the price breaking strongly above the previous resistance level, establishing a new range. I am now considering a long position, aiming to capitalize on the upward momentum and target the previous high.
Remember, simplicity and proper risk management are key in trading.
Best regards,
Tradebudz
As the New York session begins, we're seeing increased volatility in the market. I've observed a significant price action on NZDJPY, with the price breaking strongly above the previous resistance level, establishing a new range. I am now considering a long position, aiming to capitalize on the upward momentum and target the previous high.
Remember, simplicity and proper risk management are key in trading.
Best regards,
Tradebudz