In March, the price broke through the support 77.41 and returned to the growing channel (October 2020). Within this channel, after the breakout, the price regularly touches the boundaries of resistance and support. Now it rallied from the 77.66 support to the 79.83 resistance. After that, you can expect a boom and a new change to support 78.32.

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ForexNZDJPYsellsignalsshortTrend Analysis

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