FX:NZDJPY New Zealand Dollar/Japanese Yen
Trade active: Entry was 81.99
Comment: Stop Loss moved to Break Even
Comment: Monetary policy statement from RBNZ was pretty bullish, I would sell again at better levels if there is a opportunity, but for now, I will let a free risk trade :)
Trade closed: stop reached: Break Even - No losses :)
Comment: As I commented above, monetary policy from RBNZ was bullish, so I decided to move stop loss to break even.
Comment: Now there is a nice double top on this pair, maybe a good opportunity to go short again!
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)