This pair falls like the most par of the pairs in counterparty JPY
Generally speaking, it is the yen that seems to be impacted at the fundamental level.
This manifests itself on this pair in particular in the form of a V-TOP
A bearish reversal pattern after a new high
The future looks bearish for NZDJPY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.