NZD/JPY Price Analysis and Recent Decline

Monday, 15 July 2024, 21:38

The NZD/JPY pair continues its bearish movement, with a significant 0.45% drop on Monday, closing at 96.15. This decline marks the fourth consecutive day of losses, signaling increased selling pressure. Traders and investors are closely monitoring the pair's trajectory amidst the deepening plunge.
Fxstreet
NZD/JPY Price Analysis and Recent Decline

NZD/JPY Price Analysis

The NZD/JPY pair experienced a notable decline of 0.45% on Monday, closing at 96.15.

Four-day Losing Streak

The recent price action has extended the losing streak to four days, indicating sustained bearish sentiment.

Intensified Plunge

The intensified plunge reflects heightened selling pressure on the pair, raising concerns among traders and investors.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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