Mihai_Iacob

NzdJpy could test 90 zone

Panjang
OANDA:NZDJPY   Dolar New Zealand / Yen Jepun
Since the beginning of July, NzdJpy is pretty choppy, with spikes up and down.
However, the trend is still up, and with a very weak JPY we can expect a new leg up.
Also, yesterday the price reversed with a nice bullish engulfing which brings more confirmation.
I'm bullish as long as yesterday's low is intact and my target is around 90

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