Ryan_lopes

Small buy inside channel for NZDJPY

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hi guys. Hope you are having a wonderful week. Almost all pairs are running in CHANNELS in this market condition. So we have analysis on NZDJPY . The pair seems to be in a downtrend channel but is currently at its SUPPORT. Our analysis is that the pair will hit the support and will go to the RESISTANCE TREND LINE . One can take a buy call and close it as soon as you get a decent profit.

Views welcome from all our fellow traders. Thank you.

Ryan.R.Lopes

Comments

here is what I will have on whatchlist for NJ
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