Bulls aim for 91.7213 after the NZD/JPY triggered a bullish formation on the 4 hour chart

NZD/JPY breakout through resistance
NZD/JPY has broken through the resistance line of a Flag technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 12 days and suggests a possible target level to be around 91.7213 within the next 2 days.

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