Scu_FX

NZDJPY double bottom

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Actually we see this nice simple structure and second time it spikes into previous structure support as you can see in the bigger picture. I am looking at lower timeframes to get an opportunity for a long trade with good risk-reward. The currency relation this week is 1.6 : 1 so that NZD can start to move up in thios area. Let's see :-) If it starts, take care of the potential reversal zones, the first one @ 86,15 around.
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