AlkalineFX

NZDJPY - Follow the Structure

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
I and the Alkaline team got involved in an early buy position on this pair which has been extremely rewarding. I will be looking for a second buy position into the significant structure marked if we manage to see rejections from the horizontal ray, let's see how price develops on Monday. Have a great trading week everyone!

COT Data - 50/50

Comments

Thanks for that!
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