Dear Traders,

NZDJPY pais jumped up nicely from NY time yesterday until Asian hours.

Now let’s look for another Long opportunity.

As usual, we can buy from Fib38.2-61.8%.

However, I also would like to suggest 80.35ish as Buy zone because this is WPP/DR2 pivot zones, and Role-Reversal Support Area.

Also, please be aware that there is MPP sitting around Fib 50%.

2015-11-19_15-52-16-NZDJPY

So we should pay special attention when the price comes down to these areas.

 

Hope you can add one more Long position today.

 

YJ Baik – Forex.Today @ Tokyo

 

 

 

 

One thought on “NZDJPY Trade Setup (Nov 19)”

  1. Dimitar Ivanov says:

    10x YJ.

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