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NZD/JPY Technical Analysis

Long
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
traderpulse  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns NZDJPY nzdjpylong
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trendanalysis chartpattern nzdjpy nzdjpylong
The counter has formed a double bottom pattern at the lows.
Further, the hawkish statement from RBNZ is set to support the counter in the near-term.
Hence, we expect the pair to trade with positive bias in the near-term.
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