NZDJPY Wave Analysis

NZDJPY: ⬇️ Sell

– NZDJPY reversed from resistance zone

– Likely to fall to support level 94.35

NZDJPY currency pair recently reversed down from the resistance zone between the resistance level 95.15 (which has been reversing the price from May) and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the earlier short-term impulse wave (iii) from the end of July.

Given the strength of the resistance level 95.15 and the overbought daily Stochastic, NZDJPY currency pair can be expected to fall further to the next support level 94.35.

NZDJPY Wave Analysis – 26 August 2026


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