От: Дима Chernovolov
NZD/JPY continues to rise inside the daily Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the medium Initial Trend (4 брусья) and average Uniformity and Clarity (оба оцененные на 6 уровень бар). NZD/JPY is expected to rise further inside this chart pattern – in line with the earlier upward reversal from the major support zone shown below.
As can be seen from the weekly NZD/JPY chart below, the price earlier reversed up from the major support zone lying between the strong support level 74.60 (low of the previous weekly Hammer from May), support trendline of the weekly down channel and the lower weekly Bollinger Band. The proximity of this support area increases the probability NZD/JPY will continue to rise inside this chart pattern.
To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.
Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com