Forex Analysis – NZDJPY #shorts

NZDJPY Daily Chart:
Monthly support at 80.57, resistance at 87.33.
Weekly support at 83.86, resistance at 84.91 and 85.20.
Daily support at 83.72, resistance at 85.40.
Price declined back down to the 83.86 weekly support level last week. Will price hold at the 84.91 – 85.20 weekly resistance area this week?

Catch up with the latest news and market analysis here

Get in touch today:
Web:
Twitter:
Facebook:
#acysecurities #nzdjpy #forexanalysis
@ACYSecuritiesAustralia

Foreign exchange and derivatives trading carries significant risk and is not suitable for all investors. You do not own, or have any interest in, the underlying assets.
Before you decide to trade foreign exchange and derivatives, we encourage you to consider your investment objectives, your risk tolerance and trading experience.
ACY Securities Pty Ltd (AFSL: 403863) provides general advice that does not consider your objectives, financial situation or needs. You should consider if you are part of our Target Market by reviewing our TMD and read our FSG and PDS to ensure you fully understand the risks. The content of this presentation must not be construed as personal advice and the information in this presentation is prepared without considering your objectives, financial situation or needs; please seek advice from an independent financial or tax advisor if you have any questions.

ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL authorised us to provide financial services to Australian Residents or Businesses.