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Looking For Direction After Charting A Doji

NZDJPY

NZD/JPY sticks to a familiar range and holds above its 50-DMA, after charting a Doji candlestick last Friday. The rate last trades at Y77.19, 7 pips higher on the day.

  • A clearance of Friday's high of Y77.41 would prompt bulls to set their sights on Apr 5 high of Y77.96. On the downside, a sell-off past Friday's low of Y76.71 would clear the way to Mar 24 low/100-DMA at Y75.63/55.

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