I've already close this trade on break even because of RBNZ last monetary policy statement was bullish (we can see this on the big pin bar of 12/09). But of course there is still a chance of a big fall, JPY is very strong against CAD, AUD and USD these days.
yes, do agree. But looks good on weekly too, there is a short signal, nice pin bar with stochastic above 80, also rsi warming up to a big fall and everything at a lower high just at a weekly resistance. looks very good.
but need to remember, last monetary policy statement was bullish, there is no more rate cut coming from RBNZ, it is a bull signal for the NZD against others currency. For example it is giving a good hold against USD on NZDUSD daily, but technically a eminent fall is likely on both pairs (nzdusd and nzdjpy)