Scenario #1 IF BULLISH NZDJPY
NZDJPY pivotal support/resistance zone at 85.50-70. This 85.50-70 zone has held as support or resistance since Dec 2013. There are 2 ways to trade this. If you are bullish NZDJPY, then buy in anticipation of another rebound up from this zone.
Long NZDJPY 85.50-70
SL below 85.00
TP1 87.00
TP2 89.00
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www.ForexPositive.com
Twitter @ForexPositive
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NZDJPY pivotal support/resistance zone at 85.50-70. This 85.50-70 zone has held as support or resistance since Dec 2013. There are 2 ways to trade this. If you are bullish NZDJPY, then buy in anticipation of another rebound up from this zone.
Long NZDJPY 85.50-70
SL below 85.00
TP1 87.00
TP2 89.00
=====
www.ForexPositive.com
Twitter @ForexPositive
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