danielreid2001

NZDJPY (Long) Trend reversal

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
This is my proposed idea for NZDJPY Long position looking back over the chart itself we have gone past a period of stability and believe we are now going to see an uptrend (trend reversal) and this could provide a huge profit.I see this potential as when the price has hit this low before there was an uptrend and i see that continuing we have also seen over the last week multiple increase followed by pull backs this for me further confirms upcoming strength within the Zealand dollar.