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Kiwi-Yen Near The Peak Of Mt. Fuji

NZD/JPY is in fact in lockstep with the ongoing rise of the Kiwi's cyclic bull run. But make no mistake, a mid to long-term technical outlook suggests it is still in high-risk of correction. And while the 65 level holds the most recent untested scalar level on the 500-pip scale, the 85 is a very promising target. If this pair indeed reaches 90, you can bet your Fuji apples that the Yen will retest that point with a high probability. SEE CHART HERE.