[NZD/JPY] Strong NZD vs JPY = Long Signal! [BTFD-VIP]

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HOW TO TRADE THIS CHART?

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The NZD/JPY pair is in our sights today, waiting for a decent pullback and then long this pair due to a strong New Zealand dollar in current market climates

We had a BUY signal from our MT4 chart indicators, which gives us bull signals on 3 high timeframes, 4hr, 1 day and 1 week

JPY had some pretty poor news releases this week already adding to its general weakness

recently after moving up out of the descending channel we can see this pair make more gains

looking for a pullback to around 77-77.5 for a long entry

Targets 78.4, 79.45 & 81

Stop Loss 75.9

this will be a short-mid term trade continuing with the current uptrend


use no more than 2% of your total account









disclaimer: this is for entertainment purposes only and not be considered trade advice

Trade stängt: Stopp nått