The zone of 71.100-200 proves to be a tough nut for the pair.
Despite multiple attempts, the price is unable to break above it.
Further, the price action has formed an evening action star pattern at the resistance zone.
Hence, we expect the pair to be bearish in the near-term.
Chart PatternsNZDJPYnzdjpyanalysisnzdjpybreakoutnzdjpyideanzdjpylongnzdjpysellnzdjpyshortnzdjpysignalnzdjpytrendtradingTrend Analysis

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