Technical analysis of EURNZD
USD/JPY: upper "Window" acted as resistance
The upper "Window" has acted as resistance, so there's a bearish "Harami" at the last high. Therefore, the pair is likely going to test the 21 Moving Average in the short term. If a pullback from this line happens afterwards, we could have another bullish price movement.
We've got a bearish "Harami", which has been confirmed, so the price is declining. The main intraday target is the 55 Moving Average. If a pullback from this line happens little later on, there'll be an opportunity to have an upward price movement towards the last high.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
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