Forex Flash: NZD/JPY 200 day SMA at 64.30 to attract strong demand – BNZ

FXstreet.com (Barcelona) - Despite the fact yesterday's BoJ decision "knocked off NZDJPY," as Currency Strategist at BNZ Mike Jones put it, "we expect the uptrend to resume before long," the analyst say, even though "the NZDJPY may continue to tread softer in the short-term," he reckons.

"We suspect dips toward the 200 day moving average at 64.30 will attract strong demand," Mike concludes.