Thursday, October 15, 2026

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FxWirePro: NZD/JPY extends consolidation along trendline support at 74.40, weakness only on breaks below

74.40 is strong trendline support for NZD/JPY. we have see the pair test this level several times and has held above. The pair is extending consolidation along trendline support, weakness can be seen only on breaks below…

By Jay L. Zagorsky
1 min read
FxWirePro: NZD/JPY extends consolidation along trendline support at 74.40, weakness only on breaks below
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74.40 is strong trendline support for NZD/JPY. we have see the pair test this level several times and has held above.

  • The pair is extending consolidation along trendline support, weakness can be seen only on breaks below.
     
  • Immediate resistance is seen at 75.33 (5-DMA), ahead of 75.59 (10-DMA), while support on the downside lies at 74.40 (trendline).

We advise holding on to our long call (http://www.econotimes.com/FxWirePro-NZD-JPY-sees-strong-support-at-7440-weakness-only-on-close-below-163121).

 

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By FxWirePro Team