NZD/JPY Reached Bottom of Channel

FX:NZDJPY   New Zealand Dollar / Japanese Yen
262 1 1
Having run out of steam at the channel bottom, and lacking a clear fundamental driver lower, I'm bullish over the trading week. I believe a clear return to channell top, with resistance at around 65.31 and 66.43 that shouldn't do much to slow it down. However, if significant event risk takes hold on Tuesday, we could easily see this pair break lower, towards 61.50.
Completely agree. Looks like the only JPY pair that benefited today was AUD/JPY. There are some interesting yen set ups right now.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out