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FX.co ★ deja.schimmel | NZD/JPY

NZD/JPY

NZD/JPY

Resistance at the level of 93.20 has not allowed quotes to rise above it so far, and as seen on the chart, there is currently a rebound from this resistance level, indicating a pullback or a southern direction. Just below, there is a moving average that could support the quotes and send them back towards the north. In this case, there will be a possibility of overcoming the resistance and continuing north. However, confirmation of the direction will be the consolidation of quotes above the resistance level. A move below the moving average at the moment implies southern possibilities and at least a test of support at the level of 92.35. Wishing everyone a good mood.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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