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After last week, the market is not in an uptrend mood from
-UK Election
-U.S China reached deal phase one
-Positive Chinese data today
-Global equity market green
and we contineud to see safe heaven currencies go bearish, JPY, CHF, EUR, USD
while risk on currencies bullish, particular in NZD
Because of that, I decided to enter a NZDJPY LONG trend to ride on the current sentiment.
I make sure there is good risk/reward ratio.
this trade will be in OCO with my other trade EURNZD SHORT based on the same concept!