MaBaCapital2

NZD/JPY Trade idea

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
So when we look at the chart we can see that the price is at the 0,618 level of the short term fibb and that is does not look like it is going to break. What we can do now is maybe trade is and see what we could get.
IMPORTANT: When we look we can also see that on the short term is was not able to break the 0.382 level of the Fibb. So we need to be carefull when we get to that level because it could reverse there.

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