NZDJPY has been moving sideways, bouncing off support around the 78.00 major psychological level and resistance at 78.85. Price just got rejected on its test of the resistance and could be setting its sights back on support....
NZDJPY recently broke below a short-term rising trend line support and dipped close to the 76.00 mark. Price pulled up from there and looks ready to retest the broken support. Applying the Fib tool on the latest...
In this technical blog we’re going to take a quick look at the past Elliott Wave charts of NZD JPY . We’re going to take a look at the structures, count the swings and explain the trading setup....
