NZDJPY Long Long

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Sep 20, 2017 11:27 AM

Riding the current bullish trend in NZD after the recent poll showing National Party as leading, with TP near 84 (weekly resistance), and tight SL below R1 pivot line (hourly chart).

bloomberg.com/news/articles/2017-09-17/too-close-to-call-new-zealand-election-spooks-financial-markets

fxstreet.com/news/nzd-usd-surges-to-6-week-tops-on-latest-nz-election-poll-201709200639

Daily:

Weekly:
https://www.tradingview.com/x/bcHmiDQR/[/image}

Confidence: C (because of election's risky nature; need to close this position before Kiwi's election on Saturday)