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NZD/JPY Technical Analysis.

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Currently, NZD/JPY is trading at 70.24. The pair is consolidating in the ascending triangle resistance and support wedges . The pair may start a new up trend if it breaks the resistance level at 70.43 and it is possible that the pair may continue its consolidation between resistance and support wedges . If the pair starts a new up trend after breaking the resistance level , then its first target price will be at 71.16 and the second target price will be at 71.61.

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Rishikesh Lilawat

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