NZDJPY: ready to go long

Written by Raul Lopez on . Posted in Trades & Analysis.

The NZDJPY traded near a long term resistance level for around 5 days, but guess what, today the NZDJPY just broke the short term resistance level triggering a bullish market condition:

NZDJPY
NZDJPY

It is also trading above every important level (meaning a very strong uptrend in the short term charts). As long as the NZDJPY keeps trading above 64.37 I will be looking for long opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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