Bearish
NZD/JPY remains under strong bearish pressure, testing key 89.00 support.
Over the past 24 hours, NZD/JPY has experienced a significant decline, breaking below the 90.00 level and approaching the critical 89.00 support. This downward movement is attributed to a combination of factors, including a sharp selloff from the 95.00 region, reduced carry trade appetite due to global risk-off sentiment, and a strengthening Japanese yen influenced by the Bank of Japan's hawkish rhetoric.
Key points
- NZD/JPY tests 89.00 support after sharp selloff from 95.00 region.
- Global risk-off sentiment reduces carry trade appetite, impacting NZD/JPY.
- Bank of Japan's hawkish rhetoric strengthens yen, pressuring NZD/JPY.
Sources
- NZD/JPY remains under strong bearish pressure following a sharp impulsive selloff from the 95.00 regionFusion Markets Official · September 27, 2026
- RBNZ Hiked Again. So Why Is NZD/JPY Falling More Than 1%?ActionForex · September 2, 2026
- NZD/JPY Sell-on-Rally Setup: Targeting 88.00 as Bearish EMAs Press DownEconoTimes · September 22, 2026
AI-generated from public news sources. Not financial advice.
