The NZDJPY pair almost hit its yearly High two days ago and this 2 day rejection illustrates that this was the medium-term top. As noted in our last analysis, this is roughly replicting the March - September 2021 sequence, where the pair gave two solid sell and two buy opportunities before making a new High. Right now the price should pull-back on the medium-term towards the 1D MA100 (green trend-line) after the 1D MA200 (orange trend-line) was tested and held on the last Low. By the end of the year we should have a Higher High within this Fibonacci Channel.
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!