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NZDJPY - Will The Flightless Bird Soar?
New Zealand Dollar / Japanese Yen
Long
NZDJPY - Will The Flightless Bird Soar?
By tomstewy
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Nov 22, 2021
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Nov 22, 2021
NZDJPY is stabilising around support at structure / fibo 38.2% level / 50 moving average.
NZDJPY also has a bullish seasonal tendency in November & September.
I am looking for upside to continue into the 27% extension.
The RBNZ will likely have numerous rate hikes in the coming year, and NZD traders are looking to price this in now.
Chart Patterns
Forex
forexsignals
Harmonic Patterns
jpy
kiwi
kiwidollar
kiwiyen
NZD
NZDJPY
NZDUSD
Trend Analysis
tomstewy
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