New Zealand Dollar/Japanese Yen (NZD/JPY) Exchange Rate

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In case the pair refrain to respect the 0. Today, we do have the ECB rate decision, so maybe it would be better to stay away from the common European currency. That is why I have two setups with the JPY.

As a result, the 0. In case the pair dips beneath 0. Apart from the technical analysis, positive sentiment was strengthened here by the rise of the global exchanges. In theory, that should be a strong buy signal. Let us see if the positive. According to different estimates, there is a risk now for Japan to get involved in the trade wars between the US and China.

As of yet, there are no compelling reasons to be afraid of it, but in theory, such possibility really exists. The story is still breaking and details are sparse, but investors are wasting no time waiting for official word.

This article focuses on a potential bullish case for the pair and how should bulls position to take the most out of the upcoming trend. A mandatory condition for a bullish flag is a vertical. For that, we need to see the breakout of the neckline of the head and shoulders pattern, which can be now seen on the charts. What is more, we are having here a false breakout pattern,.

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