Thursday, October 15, 2026

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FxWirePro: NZD/JPY rejected at session highs (76.92), sees strong resistance at 77 levels

NZD/JPY edges lower from session highs at 76.92, and is currently trading around 76.37 levels. The pair finds strong resistance at 77 levels which is falling trendline connecting 77.80 (Mar 3rd highs), 82.67 (Dec 31st hi…

By FxWire Pro
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FxWirePro: NZD/JPY rejected at session highs (76.92), sees strong resistance at 77 levels
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NZD/JPY edges lower from session highs at 76.92, and is currently trading around 76.37 levels.

  • The pair finds strong resistance at 77 levels which is falling trendline connecting 77.80 (Mar 3rd highs), 82.67 (Dec 31st high), 82.86 (Dec 29th highs).
     
  • Price action remains well below the cloud and 200-DMA, momentum studies are neutral.
     
  • Breaks above 77 cloud see further bullishness, while on the downside break below 75.96 (5-DMA) could see weakness upto 75.40 (trendline support).
     
  • Market focus remains on BoJ policy meet scheduled for Tuesday, 15th March for further direction.

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