NZDJPY ended another week at lower level and again closed below bullish trend line started in February 2009.
Currently price is blocked between support in 73.00 area and resistance created by broken trend line. Considering mentioned above break of bullish trend line and lately price behaviour it seems like there is higher probability of further losses rather than bullish moves.
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It is worth to wait for confirmation which can be closing below last week low on daily chart. It will open road to further decreases which can be stopped by support created by August 2015 low. Next support is at 69.00.
