NZDJPY | TRIANGLE BREAKING?

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

Trend Analysis Harmonic Patterns Chart Patterns NZDJPY nzdjpyshort

trendanalysis harmonicpatterns chartpattern nzdjpy nzdjpyshort

NZDJPY is converging in a symmetrcial triangle and the current price is near the breakout area. We think bulls will manage to break it this time and price will test the recent high of 78.300

Alternatively, if it fails to break it then bears will lead the show and drag the price towards 76.500 area.

Trade your levels accordingly.

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