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VladimirRibakov

NZDJPY Short Term Buy Idea

Long
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
VladimirRibakov  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Fibonacci Multiple Time Frame Analysis NZDJPY buy Bullish Patterns range supportandresistancezones Bullish Divergence bullishconvergence pullback keysupportzone
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trendanalysis fibonacci mtfa nzdjpy buy bullish range supportandresistancezones bullishdivergence bullishconvergence pullback keysupportzone
H4 - Currently it looks like the price is moving inside a range.

Price respected a key support zone and is bouncing higher.

Bullish divergence.

H1 - Bullish convergence.

Currently it looks like a pullback is happening.

Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
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