Technical analysis of EURNZD
USD/JPY: price to test nearest support
Information is not investment advice
There're bearish patterns such a 'Shooting Star' and a 'Harami', which both have been confirmed. In this case, it's likely that the price is going to test the nearest support at 110.51 in the coming days. If a pullback from this level happens next, bulls will probably try to reach the upper 'Window' (112.65), which could be a starting point for a downward correction.