NZD/JPY: Rising Wedge Breakout?

NZD/USD

Bearish: Currently we are @ 74.49 and just breaking out of the rising wedge. We are looking for a continuation to the 0.382 Fibo @ 73.83 and an overall target of 72.50. The average daily true range (ATR) for the pair currently is 70 pips.

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