Ms

NZDJPY - channel in play continued

Ms  
FX_IDC:NZDJPY   New Zealand Dollar / Japanese Yen
Channel is still in play (as pointed out in previous published idea)

- If you are short possible opportunities to add to your position using the downward trend line that looks like its is establishing - follow that to the bottom of the channel
- when and if price reaches bottom of the channel opportunity to close short positions and go long if price bounces off lower end of the channel
- If price closes below channel then good opportunity to go short again or if short positions are still open even add to your position
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