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NZDJPY – Long market condition

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

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Raul Lopez

I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.