Reserve Bank of New Zealand rate cut ( RBNZ ) last week did not lower the Kiwi value. Week close higher than open . Bull just waiting for weaken of Yen . to carry NZDJPY higher.

NZDJPY 4 H 15 Aug 2016

This week close higher and today open near weekly M2

NZDJPY 1H 15 Aug 2016

Bull will Look into 1 H for opportunity to Buy at wM2 near 72.5

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About The Forex Analyst

Daniel is full time technical analyst for forex.today base in Singapore. He is specialize in Asian Mayor currency JPY , Aud and NZD.

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One thought on “NZDJPY week 34 Trade Plan”

  1. Wayne McDonell - TradersWay.com says:
    August 15, 2016 at 8:35 am

    Nice post. Thank you for sharing. Good luck… pray for the BOJ!

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