Jason_Dude

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NZDJPY 100% | 1
Jason_Dude Jason_Dude NZDJPY, D, Long ,
NZDJPY: NZD/JPY Reached Bottom of Channel
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NZDJPY, D Long
NZD/JPY Reached Bottom of Channel

Having run out of steam at the channel bottom, and lacking a clear fundamental driver lower, I'm bullish over the trading week. I believe a clear return to channell top, with resistance at around 65.31 and 66.43 that shouldn't do much to slow it down. However, if significant event risk takes hold on Tuesday, we could easily see this pair break lower, towards 61.50.

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