Carl_G
Long

NZD/JPY Investment Opportunity (80p)

FX:NZDJPY   New Zealand Dollar / Japanese Yen
33 0 4
Hi all,
The reason for this trade is pretty clear: NZD is strong and JPY is weak.
Currently awaiting for price to come down to wholesale prices to go long for a potential profit of 80 points.
Price have just reached a fresh supply zone so it wont be long before the price reaches demand.

The pink and blue lines are moving support lines (MIDAS S/R).

Good Luck,

Carl-Gustav Ekstroem
Trade closed: target reached
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