NZDJPY: Key Level Trade 🇳🇿🇯🇵

Short

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

Updated

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

trendanalysis chartpattern waveanalysis nzd jpy yen newzealanddollar

NZDJPY is testing a strong daily resistance.
We see a perfect match between a horizontal structure and a resistance line of a rising channel.

On 4H the price broke a rising wedge pattern and formed a head & shoulders formation.

Now bearish continuation is expected.

Goals:
78.26
78.0

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