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%.
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