NZDJPY LONG IDEA
NZDJPY enjoyed a rally towards the weekly support .
The daily timeframe had its last candle close with an indecision candle.
i see a possible move of the price up , either we might see a bounce from the 50 EMA on the H4 timeframe before we proceed up(take an entry) or the price might rally up past the 50 EMA towards the resistance and the 200 EMA.
thanks
The daily timeframe had its last candle close with an indecision candle.
i see a possible move of the price up , either we might see a bounce from the 50 EMA on the H4 timeframe before we proceed up(take an entry) or the price might rally up past the 50 EMA towards the resistance and the 200 EMA.
thanks
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