NZDJPY

💡The chart shows technical analysis of the NZD/JPY currency pair on the daily time frame (D1). The price is moving within the Ascending Channel If the price continues to consolidate above the support (S.1), a rise towards the resistance levels (P.P) or the upper border of the channel (R.1) is expected. If the support is broken, we may see a pullback towards lower levels. The MACD is showing a decline in red momentum, which may indicate declining selling power. ⛔️It is not investment advice for educational purposes only.