{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzd-jpy-upside-continuation-in-focus\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzd-jpy-upside-continuation-in-focus\/","headline":"NZD\/JPY Upside Continuation In Focus!","name":"NZD\/JPY Upside Continuation In Focus!","description":"NZD\/JPY increased again after the most recent decline and now it stands below a critical resistance. A valid breakout above this area could signal further growth ahead. The Yen is bearish after the BOJ. As you already know, the central bank has maintained its monetary policy, reaffirming that it could take action if needed. The […]","datePublished":"2021-04-27","dateModified":"2021-04-27","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/#Person","name":"Olimpiu Tuns","url":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/","identifier":19876,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/04\/nzdjpy.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/04\/nzdjpy.png","height":898,"width":1828},"url":"https:\/\/forexschoolonline.com\/nzd-jpy-upside-continuation-in-focus\/","about":["NZD\/JPY"],"wordCount":168,"keywords":["NZD\/JPY","nzdjpy","Trade idea"],"articleBody":"NZD\/JPY increased again after the most recent decline and now it stands below a critical resistance. A valid breakout above this area could signal further growth ahead.The Yen is bearish after the BOJ. As you already know, the central bank has maintained its monetary policy, reaffirming that it could take action if needed. The dovish speech could force the Yen to decline in the coming period.Technical Analysis!The pair has decreased a little to retest the median line (ML) of the ascending pitchfork before jumping higher. It\u2019s pressuring the 78.263 static resistance. A valid breakout above it and through the upside sliding line (SL) could indicate more gains.Actually, a new higher high, a bullish closure above 78.379 may indicate a strong upside momentum towards the ascending pitchfork\u2019s upper median line (UML). Note: ForexSchoolOnline is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results. "}