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NZD/JPY

NZD/JPY

NZD/JPY H4 Currently, the pair quotes are trading almost at the support level of 92.46, and the moving average is above the quotes, acting as resistance to the north and support to the south. Therefore, there is a possibility of breaking the support, and in that case, if the price manages to hold below the level, the southern direction will be continued, pulling the quotes at least towards the support at 91.55. Moving north from the support is also quite possible, as it is normal to move away from support towards the north. Wishing everyone good health.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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