NZDJPY – Long term analysis

Its been a while since the last time I wrote about a daily chart… Anyway, here is the NZDJPY daily chart, it was rejected from an important LT resistance level around 63.84:

NZDJPY
NZDJPY

In the short term charts, the NZDJPY already broke through the ST support level, triggering a bearish market condition, this allows us to look for short opportunities.

As long as the NZDJPY keeps trading below 63.28 I will be looking for short opportunities.

Trade Safe!

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

Tags:


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 .