Bullish continuation NZDJPY .. the week of 13 JulyNew Zealand Dollar vs Japanese YenICMARKETS:NZDJPYTranquilo1154Recent price movements NZDJPY is clearly bullish; you can look at the weekly or daily or the 4h chart. The structure is bullish and the 50 ema supports this bias too. For a closer look at the most recent price action, we can switch to the H4 chart and can see that price is pulling back towards a significant support/resistance zone that I have marked. If the pullback does get to that area, we can expect the 50ema to provide dynamic support. I will then be looking at the candlesticks to find further confluence for my bullish bias. Trade parameters Entry – Wait for the pullback to complete and then evidence of bullish continuation (on H4 or H1 timeframe) before entry. Stop – below the S/R zone. Target(s) – Depends on your trading style, from a swing trading perspective, 95.30 would be my 1st target and further review if price action shows continued momentum. General comment These are not normal times and the situation in the middle-east continues to be uncertain and unpredictable. The BOJ had been intervening in the yen pricing too, so risk and money management is vital. This is not a trade recommendation