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capitalpropertiesfx
Oct 31, 2014 1:18 PM

NZDJPY - key area. 

New Zealand Dollar/Japanese YenFXCM

Description

This pair is worth tracking next week.
Currently we are in a key area and what happens here on could set the tone for this pair until the end of the year.
I did favor the downside but as BOJ latest dealings are more than destructive for Japanese Yen, I'm starting to favor the upside here.

I'll be tracking this one next week (or as long as necessary) and I'm looking for a clear break out of the Key Zone and preferably re-test of the zone as well.

Time will tell. Watching.
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