NZDJPY
1 .My first thought is that NZDJPY is definitely going down. From a technical analysis I can tell this is definitely going downhill. And the trend is a super DOWND TREND that fluctuates in a downward moving chart.
If the stock market rises in some way and the NZD strengthens, a slight UP can be expected. This is because NZD is a high beta currency. . But if VIX rises, JPY will strengthen as a safe haven currency.
Let’s see what I hope is a downward spiral
If the stock market rises in some way and the NZD strengthens, a slight UP can be expected. This is because NZD is a high beta currency. . But if VIX rises, JPY will strengthen as a safe haven currency.
Let’s see what I hope is a downward spiral
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