6:31 PM
Murrey Math Lines 24.03.2015 (NZD/JPY)
FXTM Online Analysis Department.
NZD JPY, “New Zealand Dollar vs Japanese Yen”
The price is still growing. Considering that earlier the market was able to stay above the 5/8 level, it may continue moving upwards. The closest target is at the 7/8 level: if bulls break it, they will continue moving to test the 8/8 one.
The lines at the H4 and H1 charts are completely the same. The current ascending movement is supported by Super Trends. As soon as the market breaks the maximum, I’m planning to move the stop loss on my buy order to the level where it was opened.
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