Currently, NZD/JPY is trading at 63.60 moving towards its support zone . On Monday, March 27 this pair started a new downtrend and may possibly continue the same trend for some time. After breaking neckline at 64.18, pair started its downtrend and if it continues the same trend it may enter the support zone at 62.00.
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Rishikesh Lilawat
Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.
