New Zealand Dollar / Japanese Yen
Long
Updated

NZDJPY - Bullish Bias

87
NZD - BULLISH
1️⃣ Prospects of a large fiscal package in US, progress on vaccine rollouts and pent-up consumer demand.

JPY - BEARISH
1️⃣ The US Treasury 10-year yield fetched its highest since last August with a 1.331% high.

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Technical
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We are buying the NZDJPY on RBS + above SMA 50 on the H1 chart.
Trade active
Trade closed: target reached
Hit TP

+30 Pips

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