Tickmill

NZDJPY Trendline Test

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY has continued its wave 3 advance and is now testing pivotal trend line resistance as this contains, look for a follow through below yesterdays low to set up a wave 4 correction to the 80 handle from above as this area supports watch for bullish reversal patterns to set long positions for the wave 5 upside extension

This analysis is provided as general market commentary and does not constitute investment advice.