Technician

NZDJPY: Hits Resistance, May Correct

FX:NZDJPY   New Zealand Dollar/Japanese Yen
195 0 2
After working the way strongly higher above 87.37 main high and resistance level, the pair retreated and failed to close above that Resistance, forming a pin bar. We might see sideways fluctuations and bearish correction below 87.37 next week, for a possible retest of 85.65 broken resistance level. A break above that resistance is required now to signal more upside..

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