New Zealand Dollar / Japanese Yen NZDJPY

NZDJPY is in the Strong Bullish Trend Now. . .

Details as in chart....

refer chart for details

broke the neck-line at 1 hour chart. under the red line (under shoulders) we might set up a stop-loss

NZDJPY may come down due to "Head and Shoulder Neckline" breakout...

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.

Sell NZDJPY

It seems NZD/JPY breached it's bearish trend price @ 76.000, From fibonacci retracement points it's expected to reach it's 38% retracement price @ 77.127. after reached 38% retracement , there would be a pullback correction chance for long bullish trend

SUPER BULLISH SO SHORT 81.05

Entry and targets given on chart.