stantm23

NZDJPY acts like Bitcoin?

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
As NZDJPY is declining from high of 82.52, the decline is similar so far to the analogue of Bitcoin which we saw a plunge from 68k high as well. Is NZDJPY only a wave behind BTC giving that both are associated risky assets?

If yes point 4 will suck the breakout traders into thinking of a break of trendline and dumps on them vigorously to point 5.


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