FX.co ★ NZDJPY M30: Head and Shoulders

The NZDJPY M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 93.34, the Neckline and the upward angle are at 92.89/92.91. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of NZDJPY will go towards 92.61.