NZDJPY broke past its support turned resistance at 77.41 (horizontal overlap resistance) where price could potentially fall further to its major support at 76.49 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop down could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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