FX:NZDJPY New Zealand Dollar/Japanese Yen
A possible short may be developing in NZD/JPY on the 15 min chart. This should be viewed as a short-term scalp trade which is being confirmed by the setup as well as our Forecasting algorithm. Two possible areas to go short depending on your risk tolerance, 91.330 or 91.600 price zones. With either price point use the X point as your stop, lets call it the figure of 92.000. Both short entries should give you a solid profit target of 100 Pips or more. DON'T jump the gun, be patient and disciplined!