NZD/JPY falling inside minor impulse wave 3

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  • NZD/JPY falling inside minor impulse wave 3
  • Next sell target - 76.00

 NZD/JPY continues to fall inside the minor impulse wave 3, which belongs to the intermediate impulse wave (3) from the middle of January. The active impulse wave started earlier in April – when the pair reversed down with the daily reversal pattern Shooting Star from the key resistance level 79.30. NZD/JPY is expected to fall toward the next sell target at the next support level 76.00.

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