== Elemont FX ==
NZDJPY is uptrending inside a pennant structure and has failed to break through the top 3 times.
We expect price to most likely break the top next retest, or break below the bottom of the pennant and head lower
Wait for break of pennant structure as confirmation / You may also wish to trade the ranges within the pennant
Targets:
Short: 76.700
Long: 86.00
NZDJPY is uptrending inside a pennant structure and has failed to break through the top 3 times.
We expect price to most likely break the top next retest, or break below the bottom of the pennant and head lower
Wait for break of pennant structure as confirmation / You may also wish to trade the ranges within the pennant
Targets:
Short: 76.700
Long: 86.00