FX:NZDJPY   New Zealand Dollar / Japanese Yen
Due to predicting NZD weakness, I see the bearish narrative continuing. Using bearish bias, price is currently settled on the 50 level on the Fibonacci after rallying last week. Price is also in a key level on the weekly chart. If NZDJPY still has bullish movements in it's immediate future, I see a sweet reversal at the 61.8 level which displays a stronger resistance stronghold.
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.