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Tecnologia_Financiera
Jan 31, 2017 1:35 PM

Potential long on NZDJPY Long

NEW ZEALAND DOLLAR / JAPANESE YENICE

Description

A sort of triangular structure is forming on the NZDJPY exchange rate since yesterday. Resistance is still containing the price but if break up, a good long opportunity for day trader could emerge. About 15-20bps of reward. MACD is already giving buy signal but we personally recommend to wait.

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