This exotic pair's price is in what I call the 'golden axis,' for a few particular reasons. It's a very pretty setup. JPY tends to move wild, so it'll likely retrace a bit before a drop—maybe even for a few days—but the stop loss is set.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.