Short term
NZDJPY has hit a critical support area and is currently edging up. Rejection of attempts for price to go lower shows that buyers are beginning to force the market up.
The Japanese Yen's current rally has stalled out and appears to be headed for a retracement. UJ appears to be ready for a reversal along with other major JPY pairs.
The Japanese Yen's current rally has stalled out and appears to be headed for a retracement. UJ appears to be ready for a reversal along with other major JPY pairs.
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