New Zealand central bank has no schedule for interest rate cut in the near future . US Federal reserve chairman Yellen reiterate again on last Friday the Fed rate hike likely appropriate in coming months . further drive North Yen pairs.

Looking at Daily  there is no Lower Low since 6 May ,2016 after a break up of 75.0 area then pull back is a buying opportunity for the bull to long .  Target of monthly R2  77.0  area and stop below  May 6 low of 72.50 area
My plan is keep the trade as long as it is above break even point with no target  . and log in small 30 pips weekly once it is more than 150 pips positive.  Happy and safe trading

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