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NZD/JPY Signal - JPY Tokyo Consumer Price Index - 5 Oct 2021

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Signal Details
Entry Price: 
77.26
Take Profit: 
78.00
Stop Loss: 
76.80
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDJPY is trending to the upside currently prior to the JPY Tokyo consumer price index data, which measures the price differences across basket of goods and services over time. Technically the pair is holding above structural support, and we anticipate continued upside into the 78 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.