NZD/JPY – GDP, Fed & BOJ Decisions Put Kiwi-Yen in Focus
NZD/JPY is forming an inverse Head & Shoulders pattern, with price pushing through the rising neckline around 89.40–89.45. A sustained breakout above this area could open the path toward the marked resistance levels, while a move back below the neckline would weaken the bullish structure.
🟢 1st Resistance : 89.924
🟢 2nd Resistance : 90.145
🔴 Support Zone : 89.20 – 89.40
📰 Fundamentals and Live Headlines :
1. New Zealand’s June-quarter GDP is scheduled for release on 17 September, making the data a key near-term NZD catalyst.
Disclaimer: This analysis is for educational purposes only.
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🟢 1st Resistance : 89.924
🟢 2nd Resistance : 90.145
🔴 Support Zone : 89.20 – 89.40
📰 Fundamentals and Live Headlines :
1. New Zealand’s June-quarter GDP is scheduled for release on 17 September, making the data a key near-term NZD catalyst.
Disclaimer: This analysis is for educational purposes only.
Support the idea 🚀 Boost | 💬 Comment | 🔁 Share
Best Regards,
Thank you.
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Catatan
Today High Impact News :BOJ - Interest Rate - The Bank of Japan is widely expected to raise rates again. The big question is whether Governor Ueda signals that more hikes are coming.
83% chance of a Hike, the hike is already priced, a disappointing message could produce a sharp yen selloff instead.⚠️⚠️
Catatan
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