Posts Tagged: NZD

NZD/JPY Closing In On Range Support, Bounce Due?

NZDJPY has been stuck inside a broad range since February, bounded by resistance at the 95.00 psychological level and support at the 91.00 mark, and the pair is now sliding back down toward the lower boundary after a sharp pullback from the top of the range.

NZD/JPY Aiming for Triangle Resistance, Breakout Due?

NZDJPY has been forming an ascending triangle pattern on the short-term time frame, with the pair carving out a series of higher lows along a rising trend line support while repeatedly running into a ceiling near the 94.00 major psychological level.

GBP/NZD Bearish Channel Resistance Test

GBPNZD has been trending lower within a descending channel formation, with price recently breaking down from a smaller falling wedge pattern to set a fresh swing low near the 2.2627 level.

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