Technical Analysis – NZDJPY trades in upward sloping channel in near-term; more gains expected in long term

NZDJPY climbed to a new three-month high of 81.29 during the Asian session and then lost some ground. The price has been moving within an upward sloping channel since December 2017 following the rebound on the 76.90 support level. From the technical point of view, in the short-term timeframe, the price found support around the mid-level of the Bollinger […]