Silver_hanz

RESUMING LONG TERM UP TREND

Long
FOREXCOM:NZDJPY   New Zealand Dollar / Japanese Yen
The short term down trend resulted in a COMPLEX PULL BACK PATTERN(A,B,C) .After the completion of "C" wave , down trend was resumed until prices failed to go down at midpoint of "A" "B" wave. A reversal bullish candle formed which shows that the trend has changed from down to up trend. We will be watching the target at the coming levels of -0.618, -1, -1.618 levels.

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