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New Zealand Dollar / Japanese Yen
Long

Buy NZD/JPY

By UnknownUnicorn6016911
Updated
News Trade
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SL, TP and entry levels have been illustrated in the video.
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RBNZ governor Adrian Orr is about to speak within an hour in a press conference. In the last event of official cash rate decision, RBNZ had not cut rate. Since then, NZ has no such negative economic data that may put pressure for rate cut. Therefore I am not expecting Orr to be dovish today. However, you may close the trade if you don't want to take risk as the trade is already in floating profit of 7.8 pips now.
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Moved SL to BE.
Trade closed: target reached
nzd-jpyNZDJPYTrend Analysis

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