The NZD/JPY chart speaks for itself.
NZDJPY w 100-day moving avg
- Broke the July high
- Broke the 100-day moving avg
- Broke the 61.8% retracement
The concern right now is that the pair has risen for 7 consecutive days and 9 of the past 10. NZD/JPY is a screaming buy but waiting for a pullback to 80.00 or 79.50 is prudent.