Wednesday Market Analysis: AUD/JPY & NZD/JPY

Hello traders,

let’s hit them charts:

1. AUD/JPY

An ascending trendline can be seen on the AUD/JPY

The 200 ma is also authenticating the support zone. I will be waiting for the close of the daily candlestick to see if my bullish bias is supported 

If it is, then I will be joining the buyers to the NPRZ

2. NZD/JPY

We may see the key resistance zone on the NZD/JPY get broken by the close of the NY session.

If that happens, then I will be joining the buyers to the NPRZ

What say you?

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