NZDJPY | Resistance Ahead

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

Chart Patterns Harmonic Patterns Trend Analysis NZDJPY nzdjpyshort

chartpattern harmonicpatterns trendanalysis nzdjpy nzdjpyshort

NZDJPY has been trading in bullish trendline making higher high and higher lows, following a parallel channel on shorter term. Similary it is trading in cup and handle pattern formation on longer term. But we have a resistance ahead at 79.300. We expect profit taking from that level.

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