Get started
traderpulse

NZD/JPY Wave Analysis

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
traderpulse  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis NZDJPY nzdjpyshort nzdjpysell nzdjpysignal nzdjpyanalysis nzdjpylong nzdjpybuy nzdjpybreakout nzdjpyidea
0
0
trendanalysis chartpattern waveanalysis nzdjpy nzdjpyshort nzdjpysell nzdjpysignal nzdjpyanalysis nzdjpylong nzdjpybuy nzdjpybreakout nzdjpyidea

The counter is currently formed a flat ABC corrective wave.
It broke out from a bear flag pattern, tested the broken support, and is now coming down with strong momentum.
Hence, we expect the pair to be bearish in the near-term.
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.