The 4-hour chart of NZD/JPY indicates that the pair is currently in downtrend. The pair is currently in the strong support zone of 75.438. The stochastic indicator has also a divergence, which indicates a weakening selling momentum. Hence we expect the pair to be bullish until it reaches the zone of 76.586.
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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.