Long term downtrend with short term bullish momentum.
Price gap up today and hit the long term downtrend channel (orange channel).
We should continue to monitor on whether the resistance line would hold.
Short term wise, i would look for long opportunities using the Lazy Trend System.
NZDJPY has been in the downtrend channel (purple zone) since 2015.
Short term wise, the price is within a steep downtrend channel (orange line).
Immediate support is at 72-73.
I will continue to look for short opportunities with momentum