
05 May 2026
by: Kadiri Radouane
Date: mai.5.2026 Current price: 92.64
Based on the attached chart of the NZDJPY (New Zealand vs. Japanese yen) pair on the two-hour frame (2H), here is a detailed explanation of the technical analysis shown in the image_3.png image: 1. Technical Model: Harmonic Pattern • Analysis shows the use of advanced harmonic models, where the constituent ribs of the model have been determined by green triangles. • The model is currently in the process of completing the last side of the ascent towards the potential reflection zone (PRZ). 2. Supply & Demand Zones • Display area (resistance): A rectangular area of green and light blue is selected at the top, ranging from levels of 93.669 and 94.343. • This area is the target of the current rise, which is the point at which the trend is expected to change. 3. Expected scenario (price behavior) The manual drawing (the slow arrow and the descending arrow) shows the following expectations: • Top test: The price is expected to rise to test the supply zone and form a small double peak or oscillational movement within the zone. • Downward reversal: The long downward black arrow indicates the expectation of a sharp decline after contact with the supply area, as the analysis targets levels that may reach 91.396. Summary of technical data: • Pair: NZDJPY. • Time frame: 2 hours (2h). • Expected trend: rise to test resistance and then a strong (reflexive) decline. • Articulated level: Stability below 94.343 supports indicated landing scenario.