Currency Trading – Trapped Traders® Daily Analysis – Selling NZD/JPY

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This is the NZDJPY on a four-hour chart, and the trap we’re going to look at today is called a trap break pullback, which occurred in that area there. Should prices pull back a little into that location, look to take this trade to the downside, providing that the stock markets are selling off. This would represent a great trade.

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