NZD/JPY :::
Purple channel :
It has been drawn in the daily time frame, currently the price is at the bottom of the channel, if it breaks, the price will reach 78 in the next few weeks .
Orange channel :
It is broken and it greatly increases the probability of purple channel failure .
Targets if the bottom of the purple channel breaks :
1_ 81.400 $
2_ 79.110 $
3_ 77.250 $
Purple channel :
It has been drawn in the daily time frame, currently the price is at the bottom of the channel, if it breaks, the price will reach 78 in the next few weeks .
Orange channel :
It is broken and it greatly increases the probability of purple channel failure .
Targets if the bottom of the purple channel breaks :
1_ 81.400 $
2_ 79.110 $
3_ 77.250 $
