Hello traders, NZD/JPY is trading at 78.64. The pair is trading in resistance and support wedges in a downward trend and can break the support level to start a new down trend. If the price breaks the support level at 78.44, it can start a new down trend and then its targets will be first target at 77.94 and second target at 77.38.

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Rishikesh Lilawat
FibonacciNZDJPYnzdjpyanalysisnzdjpyideanzdjpyshortnzdjpyshortsetupSupport and ResistanceTrend Analysis

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