Big movement possible on NZDJPY

NZDJPY has broken through a line of 85.5810 and suggests a possible movement to 86.1889 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.


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