📈 NZDJPY – Long Setup Building Up
After a healthy correction, NZDJPY is showing signs of bullish continuation. The price bounced strongly from the 87.60 support zone and is forming a potential higher low.
🔹 Structure: Bullish market structure still intact
🔹 Support Zone: 87.60 – 87.70
🔹 Rejection Candle: Bullish engulfing on key support
🔹 MA50/MA100: Acting as dynamic support
🎯 Trading Plan:
Buy from: 87.99
SL: 87.67
TP1: 88.40
TP2: 88.87
🧠 Smart money may be reloading here after a fakeout. Look for confirmation on lower timeframes before entering.
🚨 Risk management is key. Don’t chase — wait for retest or clear breakout.
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