UnknownUnicorn15614419

NZDJPY: can the price break through the resistance?

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
In October last year, the price bounced off the support zone at 98.68 and started to rise in an uptrend. This trend is also supported by the October line. Resistance is the line of November 2020. At the end of March, the price bounced off the resistance of 78.79. It fell to support 75.75 and has already started a new growth. Now the price is at the resistance 77.81 (the line formed in the middle of the trend) and we can expect a fall to the support at 76.44.
SL - 78.42.

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