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NZD/JPY 38.2% Fibo Support! + Bullish Seasonality
New Zealand Dollar / Japanese Yen
NZD/JPY 38.2% Fibo Support! + Bullish Seasonality
By tomstewy
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Nov 11, 2021
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Nov 11, 2021
NZD/JPY has traded into the 38.2% fibo retracement level as support, which is also the previous structure resistance .
NZD/JPY has a bullish seasonal tendency from September through to the end of the year and we anticipate this seasonal trend to play out.
Looking for upside into the 27% fibonacci extension level.
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