Is nzdjpy in a correction?

NZDJPY is in a correction. Now the price is near the key resistance zone. It is expected that there is a chance that the price will drop in the short term.

What is the target price of nzdjpy?

As per my anaylsis NZDJPY has been broke out from the very long parallel channel and its give the price target of 91. I hope this helps. NFA Hello traders! ‼ ️ This is my analysis of NZDJPY . Here we are bullish from H1 timeframe perspective, so I am looking for longs.

Will nzdjpy go up again?

#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days.

Is nzdjpy a bearish reversal?

NZDJPY - Potential Bearish Reversal! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that NZDJPY is around a resistance zone so we will be looking for sell setups. on H1: Right Chart NZDJPY formed a channel in red but it is not ready to go yet.