NZDJPY Long: Fib 0.786 Retest + Strong NZD Momentum

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🔹 Pair: NZD/JPY
🔹 Timeframe: Daily
🔹 Direction: Long
🔹 Status: Price holding Fib 0.786 retracement level (bullish structure intact)
🔹 Entry Zone: ~85.50–85.60 (Live entry)

📊 Fundamental Confluence
🇳🇿 NZD – Bullish Momentum
Conditional Score Jump: 🚀 From 8 → 13 (Strongest improvement this week).
Seasonality: 🔼 Strong seasonal bias from mid-May onward.
CB Stance: Hawkish — RBNZ cautious but maintains restrictive policy.
Global Risk-On: VIX < 20 supports high-beta currencies like NZD.

🇯🇵 JPY – Weakening
BoJ Outlook: Delayed inflation target to 2027 = no urgency to tighten.
Score Flat: Minor improvement (11 → 12), not enough to change bias.
Risk Sentiment: Safe-haven demand dropping, weakening JPY.
Macro Drag: Japan underperforming vs G7 counterparts.



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