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Short Movement Expected on NZD/JPY

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
ThinkingAntsOk Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD jpy NZDJPY
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trendanalysis supportandresistance mtfa nzd jpy nzdjpy
4H CHART EXPLANATION:

On this timeframe we observe that the Ascending Triangle was broke downwards and also the Support Zone. Then, price did a pullback towards the broken Support Zone. We expect this move to reach the support zone at 70.500-70.600.


MULTI TIMEFRAME ANALYSIS:

Daily:

snapshot

Weekly:

snapshot

Trade closed: target reached
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