The New Zealand yen is expected to fall in the short term

A selling opportunity on the New Zealand Yen.


The New Zealand Yen pair has reached daily selling zones.

The pair has also reached overlapping zones on the hourly chart.

The pair has rebounded from supply zones to break the uptrend.

The pair has also broken sub-support levels for strong sell-offs,

 which indicates an expected downward trend.

A downward trend is expected from the current price of 87.54.

A downward trend is expected to reach the specified targets of 87.10 and 86.70.

The stop loss is set at an hourly candle close above the 87.90 levels.

When entering a trade, please pay attention to careful capital management.