NZDJPY – Long market condition

Written by Raul Lopez on . Posted in Trades & Analysis

The NZDJPY traded in a medium term range for about two weeks, however, earlier this morning the market decided to break the ST term resistance level, which triggered a bullish market condition:

As long as the NZDJPY keeps trading above 64.70 I will be looking for long opportunities. The next LT resistance level is at: 66.86

Trade Safe!

Raul Lopez
Forex Training



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.
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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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