FX:NZDJPY   New Zealand Dollar / Japanese Yen
74 0 6
The true trend for this pair is Bearish momentum, if we look at the Weeklky chart you will notice we have double tops and bears came in and pushed price down, At the momentum this buy is a retracement and i will be taking it on the Daily , from the Daily support to the Weekly resistance 79.390 then continue down with the trend and go short.

But for now we bullish till 79.390
Comment: A few days ago the Daily resistance was broken with ease and a new low was formed ....

Luckily i had not entered my long position as i was initially waiting for bull momentum away from the Daily Support and was waiting to buy after price closed above Daily support
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