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NZD/JPY Short Term Analysis

New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
ThinkingAntsOk  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD jpy NZDJPY short Bearish Patterns Bullish Patterns analysis setup
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trendanalysis supportandresistance mtfa nzd jpy nzdjpy short bearish bullish analysis setup
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone and broke the Ascending Trendline.
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🔸As we can see, now it is making a corrective structure.
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🔸In case of a bearish breakout, the first target is the Support Zone .
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🔸 Although we have a bearish view on this pair, we also have analyzed a bullish scenario in case price breaks the Resistance Zone.

🔸WEEKLY CHART ANALYSIS:

snapshot
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