NZDJPY M15 Bullish Flag

The Bullish Flag pattern has been formed on NZDJPY at M15. The lower boundary of the pattern is located at 87.57/87.47, while the higher boundary lies at 87.65/87.55. The projection of the flagpole is 40 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 87.65 is broken, the price will move further upwards.