NZDJPY Preparing For Another Wave Higher
May 12, 2026

NZDJPY

We talked about a larger recovery on NZDJPY already back in 2025, and the rally may not be over yet. CLICK HERE

NZDJPY has been trending higher since April, but price remains capped below the 95 level and is currently moving sideways within a range. This suggests the market could still be developing a wave four correction, potentially in the form of a triangle. As long as price holds above the 92.50 support area, the bullish outlook remains valid, with the potential for another push higher in wave five of C toward the 96–97 region.

NZDJPY Preparing For Another Wave Higher NZDJPY Daily Chart
NZDJPY Daily Chart

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