FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZD posted mixed figures yesterday, which continues the downtrend. It is entering my favorite area of fib retrace, that is inbetween 50.00% and 61.80%. I strongly believe it will consolidate around 61.80% and reverse. If not before. Waiting for confirmation over the next week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.