NZDJPY 1:3 Risk Reward SHORT

Updated
NZDJPY SHORT
Wait for certain conditions before a possible entry:
- Congestion
- Short Candle formations
- Fundamentals to continue being in favor for a short

News Outlook:
JPY
- "Japan's economy grew faster than estimated in Q4"
- "Japan's household spending rises 2.0% in January, up for second month"

NZD
- "NZ trade deficit hits 791m in Jan - double expected figure"
- "Higher living standards, slower economy: Expert's take on CGT"
- "Economy Hub: Business gloom getting worse - new EMA chief"

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Bang on entry!
Note
RBNZ statement pushed the position to the target level
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