NZD/JPY falling inside minor impulse wave (iii)

NZD/JPY falling inside minor impulse wave (iii)

  • NZD/JPY falling inside minor impulse wave (iii)
  • Next sell target - 74.70

 NZD/JPY has been falling in the last few trading sessions inside the minor impulse wave (iii) – which started earlier from the resistance area lying between the key resistance level 77.500 (which has been reversing the price from May) and the upper daily Bollinger Band. NZD/JPY is expected to fall further toward the next sell target at the next support level 74.70 (low of wave (i)).

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