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New Zealand Dollar / Japanese Yen
Long

My Thoughts On NZD/JPY

By Forex_
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
Chart PatternsTechnical IndicatorsNZDJPYTrend Analysis
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