TRADESBYZION

NZDJPY🇳🇿🇯🇵 LONG position

Long
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Hello Traders ! 👋🏾

Hope you had a nice trading week 💰🍾

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So, here we go on NZDJPY, with 30 pips of SL and 90 pips of TP.

R 1:3 ✅

I've marked my main SUPPORT level here.

The pair found some difficulty to break above resistance (A).

Tested the resistance (C) twice, amd managed to close 6 candles above the continuation of the resistance (A), which I've marked with the letter D.

We might ( or not ) have another re-test on the support (B), before we go all the way up.

NZD pairs have been gaining strenght during the last trading week, and New Zealands economy is looking pretty stronger.


So, we've decided to follow closely more NZD pair, and this week we will be mainly trading NZD pairs.


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