NZD/JPY: get ready for a possible drop

15 ธ.ค. 2021

As it can be seen from the graphical illustration, the price has formed a mini-range and is currently consolidating within the boundaries of it. Due to the fact that the overall trend is bearish, and the last few candles have illustrated bearish power, we are expecting for the price to keep dropping and reach the area of support identified on the chart