Commercial Status Study: NZD/JPY resistance preparation?

RBNZ’s interest rate reduction to 3.50 % has strengthened a downward look at Kiwi against the Japanese yen, especially amid continuous global trade tensions. With the existence of the central bank explicitly indicating more discounts on the introductory letters and climbing the global risk, NZD/JPY may continue its downside path in the short term. Let’s study how we can theoretically the structure of a business plan on this development.