OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is trading in a rising wedge pattern and at the resistance level. We might see some correction in pair from the current level towards support 1 and support 2, as target 1 and target 2 respectively. But, if it breaks out on the upside from the rising wedge pattern, we may see resistance 1 as the target for upside.

Note - trade with the proper risk management system


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.