NZD/JPY Big Trade 03.10.2016 +55

3/10- Close NZD/JPY Big trade here at 75.60 for 55

We don’t want to miss the NZD/JPY entry by a pip or too so if you want to sell here at 76.15 thats fine too

Place Order to SELL NZD/JPY at market 76.20

Stop at 78.20

USD/JPY has had a very nice run and its nearing the top of its range. We think gains are limited ahead of next week’s FOMC rate decision. So we are flipping out of our NZD/USD trade and moving into NZD/JPY as NZD/USD has found decent upside momentum

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