NZDJPY – Bullish, longs in play

Written by Raul Lopez on . Posted in Trades & Analysis

Next week is going to be interesting, there are plenty of currency pairs reached a major Support or Resistance level, and most of them are being rejected from these levels…

This is the case of the NZDJPY, which traded in a bearish market in the previous three or four weeks, and now, apparently it is being rejected from a LT support level:



I don’t think there is much movement left today, as the market is about to close, but definitely the NZDJPY will be a cross to keep an eye open next week.

Trade Safe!

Raul Lopez



Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
Raul Lopez Forex

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I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

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