FX.co ★ deja.schimmel | NZD/JPY

NZD/JPY Н4 The pair is currently trading below the level of 92.62, with the moving average acting as resistance above the quotes. This could indicate a consolidation below the level, signaling a continuation of the southern path. In this case, it is quite possible that the pair will continue its direction towards the support at 91.54 as a perspective. Of course, if the quotes move above the level and also above the moving average, it would indicate a continuation of the northern direction, with at least a test of resistance at the level of 93.60. Good luck to everyone.