NZDJPY Triangle formation
After testing the 73.306 - 73.242 range and consolidating to 75.609 on two occasions, it can be said that NZDJPY has built enough support and is likely to push bearish, however to continue bearish a final consolidation of 76.100 to 75.832 will be needed to break-through the forming triangle.
At the moment NZDJPY looks extremely neutral. However the RSI still has room for improve.
Any thoughts?
At the moment NZDJPY looks extremely neutral. However the RSI still has room for improve.
Any thoughts?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.