My Thoughts On NZD/JPY

8 באוק׳ 2021

In my analysis of NZD/JPY on the 4 Hour, this currency pair is BULLISH. I forecast that price will move to the Daily Resistance Zone of $77.899 then to the Weekly Resistance Zone to price $78.166 to complete the W formation (Double Bottom). Price may retrace at Daily Resistance before moving to the Weekly Resistance Zone. In this analysis I used Trendline Analysis, Chart Patterns Support & Resistance & the 14 MA. NZDJPY