FX:NZDJPY   New Zealand Dollar / Japanese Yen
today and yesterday there has been strength in the NZD and the JPY has been weak for a long time now, so if the NZD strength continues it will likely break its weekly zone and then we will position ourselves for the exhaustion to previous high and look for a buy to our next are of sell pressure which is our monthly zone, our stop loss has 2 areas of sensitivity protecting it as we have the sensitivity from our previous high and the lower level of consolidation. we will only be interested in this trade if the NZD strength continues as it has been unstable this week
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