NZDJPY: Potential Double Bottom Pattern

NZDJPY: Potential Double Bottom Pattern

NZDJPY has encountered a significant support zone near 85.60, indicating the possibility of a double bottom pattern.

The last two days' candlestick formations suggest a strong battle between buyers and sellers within this zone.

However, this movement implies that NZDJPY might be poised for further upward momentum.

Key Resistance Zones:
86.67
87.22

You may find more details in the chart!
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