NZD/JPY: Descending Wedge

 | Sep 07, 2017 08:43AM ET

NZD/JPY:
Currently we are @ 78.46 and in a range. IF we can break the wedge, we are looking for a move to the 0.618 Fibo @ 77.87 with an overall target @ 77.39. The average daily true range (ATR) for the pair currently is 65 pips.