FX:NZDJPY   New Zealand Dollar / Japanese Yen
As we observe NJ at the 4h tiem frame, we see an upside down head and shoulder pattern formed. The previous candle sits perfectly on the shoulder level which is the 72.900. As the head sits comfortably in the weekly support level of 72.466 area . Bulls may seem to control the trend for the moment.

Lets have a good trading week traders and let's catch these pips.
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.