RaynLim

NZDJPY: A Buying Opportunity Amidst Caution

Long
EIGHTCAP:NZDJPY   New Zealand Dollar / Japanese Yen
Hey traders!

If you're eyeing long XXXJPY pairs, I'd recommend keeping a close eye on NZDJPY. Here's why:

- Natural appreciation for NZDUSD could give your trade a boost

- Waiting for a retest on the trendline before entering a buy position

However, always remember to:

- Plan your trade carefully

- Be aware of the potential for BOJ intervention without warning

Stay vigilant and trade wisely!

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
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.