NZDJPY D1 06 19 2020 2140

The NZDJPY has held the 200dma for the last couple days as we have pulled back to test this level. It also coincides with the 38% Fibonacci retracement of the mid May lows to June highs. As long as we close above the 200dma the risk remains for a move back towards the 71.00 level and beyond.

 

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