NZD/JPY – Can It Stay Bullish? Decision Time!

Tom Stewarton 16/12/2021|
1 min read

NZD/JPY has been in a long term uptrend since early 2020. Price has recently made a bounce from the significant level of 76.00, which has acted as a support and resistance zone historically. The RSI is also showing a bullish rebound from overextended levels, and the daily bullish structure is still holding. As long as price holds above 74.56 I am looking for continued upside into 81.00.