Bullish
NZD/JPY eyes bullish wave (5) as corrective pullback looks completed
NZD/JPY has recently completed a corrective pullback, potentially setting the stage for a bullish wave (5) in its broader uptrend. Analysts anticipate the pair could target resistance levels between 96.00 and 97.00, with a possibility of extending toward 99.00 if the bullish momentum continues.
Key points
- NZD/JPY completes corrective pullback, setting up for potential bullish wave (5).
- No significant economic data releases or central bank events impacting NZD/JPY in the past 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
