The NZD/USD is comfortably above the 0.85 level, but does look like it wants to roll over slighty. The pair is a barometer of economic risk, as the Kiwi is considered a "risk on" currency, and this might be the problem at the moment. The 139 pips or so that it would take to pullback to 0.85 isn't a major concern, and could set up for a nice buying set up.
The NZD/JPY pair looks similar in the sense that the pair is a "risk on" pair, and it looks like it wants to fall a bit. We have divergence on the MACD indicator, and as such - we are expecting a bit of a fall. Don't misunderstand - we are not expecting a meltdown, just a pullback to either the 66 or 65 area. We would buy at those levels witha supportive candle.
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