RaynLim

NZDJPY: A Buying Opportunity Amidst Caution

Long
EIGHTCAP:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
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!

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