JAPANESE YEN / NEW ZEALAND DOLLAR forum
NZDJPY Price is approaching a major support area. Given the fundamental backdrop, there is a high probability the support breaks but I've erred on the side of caution and closed my shorts and locked in my profits. If price is supported at this level any bounce is likely to be very weak.
NZDJPY Still holding my shorts
NZDJPY My setup is still for bearish movement, there is nice resistance zone and 38.20 fibb area, so I think we're retesting it and heading more to the downside
NZDJPY Which of this point of interest would you settle for? Do you think price would react from 86.031 and push to the upside
Or you are going to play below point of interest 85.811 before expecting the Bullish movement
Or you don't even agree with any of this? Maybe your analysis is more sell movement?
tradingview.com/x/KJttI5dq
NZDJPY NZD buyers are defending that 86.431 level so hard.
NZDJPY first 5 minutes look dissapointed for 0.5% cut interest rateNZDJPY Holding my shorts
NZDJPY possible bearish pa short-term
NZDJPY Patience is a valuable trait