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NZD/JPY: 3rd Wave Is Underway

10/01/2024

Less than a minute

2024.10.01 10:13

Forex Strategies Bearish: We are currently starting a channel in a possible 3rd wave. If we can break resistance @ 90.84, we should continue to the ATR target @ 90.30 with the next target the S4 @ 89.97. The pair should prove it out when the market opens. It’s Daily ATR is 122 pips and its 90 day average is 106 Pips a day. My Analysis says the USDX is UP. NZDJPY-3rd wave is underway