Thursday market analysis: AUD/JPY & NZD/JPY

Good day traders,

Finally the JPY brothers are out to play, let’s hit them charts:

 

 

1. AUD/JPY

The first resistance zone is broken on the AUD/JPY. On the daily time frame we can see a massive bullish pressure which may most likely spill into Thursday.

Our next possible resistance level is most likely to be 89.492

 

 

2. NZD/JPY

The same setup can be spotted on the NZD/JPY, and the analysis is pretty much the same. So the next bus stop for price is most likely to be NPRL

 

What say you?

 

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