The NZDJPY pair has broken higher through resistance at 82.50 as flagged here on the strong fundamental picture for the pair. Should traders look to buy the NZDJPY dip? Well, the fundamental picture remains in place as there are continued reasons for NZD strength and JPY weakness.
The reason for New Zealand strength
The New Zealand dollar has significant reasons for strength:
- The headline inflation rate is just under 6% at 5.9%. This means the RBNZ is under pressure to hike rates to control very high inflation
- The RBNZ has projected the terminal interest rate to be above 3.3% by March 2025. See here for the report on the latest meeting.
- Unemployment is low at 3.2%

- New Zealand bond yields continue to surge higher
- Interest rate markets are pricing in nearly 8 interest rate hikes from the RBNZ this year for a total of nearly 200 bps. The current interest rate level is at 1.00%
The reason for Japanese Yen weakness
The Japanese Yen has significant reasons for weakness
- High oil prices weaken the Yen as it is a net importer of energy
- The BoJ has pledged to keep the Japanese 10 year yields within the +0.25% -0.25% band.
- Inflation is still relatively low in Japan with the headline at 0.9%. The lowest of the G8.

- The BoJ was quite happy with a weak JPY and the powerful easing policy remains in place which all should keep the JPY structurally weak over the medium term.
Where to buy the NZDJPY dip?
The most obvious place for dip buyers to step in would be against the 82.50 level as that is both a daily high and a weekly trendline area. Furthermore, it means that stops can be fairly closely placed under 81.90 while allowing for another potential leg higher as outlined below. I discussed this trade in depth from weeks ago and many in my daily webinars had this flagged in real time as the trade developed over the weeks.

Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Your article helped me a lot, is there any more related content? Thanks! https://accounts.binance.com/zh-TC/register-person?ref=VDVEQ78S
Эта публикация погружает вас в мир увлекательных фактов и удивительных открытий. Мы расскажем о ключевых событиях, которые изменили ход истории, и приоткроем завесу над научными достижениями, которые вдохновили миллионы. Узнайте, чему может научить нас прошлое и как применить эти знания в будущем.
Подробнее – https://nakroklinikatest.ru/
https://548qaz.com
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Many businesses have transformed their credit profiles by following Brians club compliance checklist. A local bakery, struggling with high-interest loans, implemented the checklist and saw a dramatic improvement in their credit score within months.
Members of Brians club often enjoy exclusive access to higher financing limits. This can be especially beneficial for those looking to make large investments or manage unexpected expenses.
Brians club equips its members with strategies designed for long-term success in both business and personal finance realms.
Adopting Russianmarket fosters trust among clients. When customers know their information is handled with care, they feel more confident engaging with your services.
The Impact of Russianmarket Credit Scores on Businesses Russianmarket credit scores are redefining how businesses assess potential clients. Traditional credit scoring can often overlook nuances in consumer behavior. Russianmarket brings a fresh perspective to the evaluation process.
Typically, the Stashpatrick minimum falls around 620 for most conventional loans. However, this can vary based on the type of loan you are seeking.
Typically, the Stashpatrick minimum falls around 620 for most conventional loans. However, this can vary based on the type of loan you are seeking.
https://jokersstash.cc/
https://robo-check.cc/
buy amoxil pills – https://combamoxi.com/ buy amoxicillin cheap
buy diflucan 200mg for sale – https://gpdifluca.com/ buy cheap diflucan
cenforce price – https://cenforcers.com/# cenforce 50mg generic
The Impact of Russianmarket Credit Scores on Businesses Russianmarket credit scores are redefining how businesses assess potential clients. Traditional credit scoring can often overlook nuances in consumer behavior. Russianmarket brings a fresh perspective to the evaluation process.
Take advantage of Savastan0.cc Unleashed’s powerful monitoring features to stay informed about changes in your credit report and address any discrepancies promptly.
centurion laboratories tadalafil review – https://ciltadgn.com/ purchase generic cialis
order cialis online cheap generic – https://strongtadafl.com/ cialis as generic
cheap zantac 300mg – https://aranitidine.com/# buy ranitidine generic
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
viagra sale cheap – https://strongvpls.com/ viagra 50mg
Greetings! Jolly useful par‘nesis within this article! It’s the petty changes which wish turn the largest changes. Thanks a a quantity for sharing! amoxil 500 mg
More articles like this would make the blogosphere richer. https://buyfastonl.com/amoxicillin.html
With thanks. Loads of expertise! https://ursxdol.com/sildenafil-50-mg-in/
I couldn’t hold back commenting. Warmly written! https://prohnrg.com/product/lisinopril-5-mg/
With thanks. Loads of erudition! https://aranitidine.com/fr/sibelium/