NZDJPY matches strong vs. weak pairs in FX.
Downtrend is intact and key resistance and continuation levels are highlighted.
We suggest patience because the RBNZ is due tonight and can materially change things.
Markets are looking for a rate cut (which would enhance the downtrend), but if they hold steady it will push NZD much higher.
Downtrend is intact and key resistance and continuation levels are highlighted.
We suggest patience because the RBNZ is due tonight and can materially change things.
Markets are looking for a rate cut (which would enhance the downtrend), but if they hold steady it will push NZD much higher.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Related publications
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.