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NZD/JPY Technical Analysis

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
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OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns NZDJPY nzdjpyshort nzdjpylong nzdjpysell nzdjpyanalysis nzdjpysignal nzdjpybreakout nzdjpyidea nzdjpytrendtrading
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trendanalysis chartpattern nzdjpy nzdjpyshort nzdjpylong nzdjpysell nzdjpyanalysis nzdjpysignal nzdjpybreakout nzdjpyidea nzdjpytrendtrading

The zone of 71.100-200 proves to be a tough nut for the pair.
Despite multiple attempts, the price is unable to break above it.
Further, the price action has formed an evening action star pattern at the resistance zone.
Hence, we expect the pair to be bearish in the near-term.
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