nj4-1024x403NZD/JPY (H4): Pin bar in a support zone

Forecast: Rebounding from the support zone near 89.2500 and targeting 91.6000.

Alternative Scenario: In short term approaching the last high

Comments: The pair remains in clear upward momentum

Payout: CALL @ 89.4430 à 72% return expiring at 23:30GMT

nj_screen 23.02

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.