NZDJPY On the chart shows a three candle Reversal it has broken the 0.618 and could move towards 87.770 on the fib.
observation: RBNZ Rate came in as expected also the Yen looking to push up however four days ago JP MORGAN was looking to long on the Yen. However News over this week could change. However Big Money can push the market either way.
Disclaimer: all trades entered are at individual's risk never risk more than your prepared to lose stop/loss to minimize loss and take profit when the time is right. all trades are at the individual trader own RTW.
observation: RBNZ Rate came in as expected also the Yen looking to push up however four days ago JP MORGAN was looking to long on the Yen. However News over this week could change. However Big Money can push the market either way.
Disclaimer: all trades entered are at individual's risk never risk more than your prepared to lose stop/loss to minimize loss and take profit when the time is right. all trades are at the individual trader own RTW.
Trade active
NZDJPY Did met expectation of 1:2 R/W And was closed before the News Hit, However the News out Japan was clear from the BOJ also economy that there was a down turn there so its clear why JPY took a turn to the down side . also the YOY from NZ looked bullish it appears to be bearish account Data out from NZ. 
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Disclaimer
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.