Currently, NZD/JPY is trading at 64.03. The pair started a downtrend on 14 April and it's about to touch its support zone. It is possible that after touching its support zone the price may rebound back from there. If the price breaks 64.09 level after rebounding from support zone, it may enter into a new uptrend and then its next resistance level at 65.07 will be its first target.
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Rishikesh Lilawat
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Thank you,
Rishikesh Lilawat
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.