NZD/USD Price Analysis: Bulls testing a critical resistance area By ross_burland NZDJPY Technical Analysis
support and resistanceA break of the resistance opens the risk of a trendline breakout and a run towards the price inefficiency between 84.82 and 85.23. There would be expected to be a fair bit of resistance thereafter which could potentially lead to a downside correction and even a full-on continuation on the higher time frames such as the following daily chart's illustration:
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