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NZD/JPY Technical analysis

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
traderpulse  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
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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