NZDJPY – 1H Chart

NZDJPY 1H - April 13 2016

We expect NZDJPY to complete wave 4 these days around 23% retracement or 38% in case of deeper correction. Our wave 5 will target 76.40 initially but when wave 4 ends we will have a better view on the 5th wave.

Up to now, we have buy limits of 1/2 size each at 75.20 and 74.85 with stop loss at 74.10.

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