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NZDJPY Chart Technical Outlook there is no clear indication the rally is stalling, Although the cross has posted 4 inside soldiers on the daily chart, this morning’s bullish price action is threatening to breach the holding candles high trade at 87.99.
The four-hour chart highlights the completion of a Crab formation at 91.80. There is no clear indication that this positive move is coming to an end. A move through the previous swing high at 88.68 should accelerate bullish momentum.