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NZD/JPY – getting close to psychological price line

NZD/JPY – getting close to psychological price line

NZD/JPY is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 20 hours.

Chart 1 hour
Pattern Support
Length 82 Candles
Identified 23-Aug-2022 06:00 UTC