rjabmc

NZDJPY IDEA FOR TOMORROW

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
This setup seems good to me. This is the kind of trade I like to take, one where price is respecting support and resistance along with it's trendline, aswell as counter trend line.

Also price action is looking good on this 4h timeframe.

Price also travelling above EMA.

I will most likely take this trade if nothing changes and of course if it doesn't make it's move overnight.
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.