Will be looking at price action at these key areas aswell as a possible break to the upside.
Strong PA off weekly support and descending TL, looking for a retracement to .618 fib in correlation to TL.
Current postion on NZDJPY Daily, Bearish PA at fib confirmed entry, after hammer followed by a marubozu
Trade entered on 4.02.16 at 84.098, TP= 82.000, SL= 85.500 Currently +122 pips
Short term,15min chart long at high area of confluence