FX.co ★ NZDJPY H1: Bullish Flag

The Bullish Flag pattern has been formed on NZDJPY at H1. The lower boundary of the pattern is located at 91.63/91.63, while the higher boundary lies at 91.97/91.97. The projection of the flagpole is 63 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 91.97 is broken, the price will move further upwards.