NZDJPY breaks resistance. The market looks interested enough to reach the target of 89.900. The New Zealander is performing well against the Japanese yen.
Prerequisites for growth:
1) A triple bottom is formed in the area of 87.00
2) The price breaks through the next resistance and tries to get a new impulse to open the potencial.
3) Price consolidation above 88.65 will give a buy signal
4) A global range is formed and the price implements a range trading strategy.
Key support: 88.65
Key resistance: 89.9
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