NZD/JPY Signal - NZD ANZ Activity Outlook - 17 Dec 2021

NZD/JPY is trading to the upside today prior to the ANZ Activity Outlook data, which is designed to provide a snapshot of business opinions regarding the expecting future state of their business and the New Zealand economy overall. Technically the pair has broken to the upside of the resistance trendline and has performed a retest pattern. We anticipate upside to continue today into the 78.40 level.