NZD/JPY has formed a bearish pennant pattern after a bearish rally in the 15-minute chart.
The pennant pattern is a continuation pattern.
Hence we expect the pair to be bearish upon breaking the pennant pattern.
The pennant pattern is a continuation pattern.
Hence we expect the pair to be bearish upon breaking the pennant pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.