JPYs bounced off supports last Friday and retained Bullish momentum on Monday. Late NY and early Asian session saw some corrective moves . Current outlook remains Bullish thus look for Long opportunities.
NZD/JPY bounced off from strong support at 76.00 and tested resistance at 78.400 levels. Currently NZD/JPY is completing its corrective move as it bounce of from Fib 38.2 level and showing signs to retains it Bullish out.
For Intraday Traders, take long a bounce from Support levels.
Sardar Uddin
TradeCuts