FX.co ★ NZD/JPY

Hello traders, the New Zealand Dollar in the NZDJPY currency pair has made a decent move to the north. Growth was halted near 93.25, and there might even be a pullback. If sellers manage to push the price back below 92.95 from current levels, then they will have a chance to continue the decline towards 92.60 - a level where a bounce could occur, leading to a return to growth. A consolidation below 92.60 could result in a further drop to 92.20, 91.80, and 91.40. If buyers can establish themselves above 93.25-93.35 without a significant pullback, then the upward movement could continue towards 93.75, 94.15, and 94.55-94.90.