New Zealand Dollar / Japanese Yen
Long
Updated

NZDJPY - Bullish Bias

85
NZD - BULLISH
1️⃣ Investors await comments from Treasury Secretary nominee Janet Yellen on US stimulus and the dollar.
2️⃣ Positive risk tone support the antipodeans.

JPY - BEARISH
1️⃣ Bets for the safe-haven Yen fell as Japan logged over 4,900 daily cases nationwide on Monday, with the health ministry putting the number of serious infections at 973, rising one from the previous day.

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Technical
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We are buying the NZDJPY above the support + above SMA 50 on the H1 chart.
Trade active
Trade closed: target reached
✅ TRADE HAS HIT TP

+30 PIPS

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