MassCapital

NZDJPY - Long Opportinity

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
3
Reasons for getting long this pair:
-A trendline break and a retest of the trendline.
-50% retracement which also comes to a round number of 74.00
-Higher Lows indicated by the yellow circles
-A break of the retracement trendline initiating my long entry, targets are at the 127 extension.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.