NZD/JPY rising inside minor correction (ii)

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  • NZD/JPY rising inside minor correction (ii)
  • Next buy target - 77.00

NZD/JPY continues to rise inside the minor corrective wave (ii) which started earlier from the support area lying between the support levels 74.70 (low of the previous minor impulse wave (i) from May, as can be seen below), 74.00 and the lower daily Bollinger Band. NZD/JPY is expected to rise further toward the next buy target at the next resistance level 77.00

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