Interested in hearing your opinions… What do you think? NZD started to recover from fall in 2012 and is reaching new highs…
Finally a carry trade thread ! Would go analyze this ! If this pair had hit a low and is changing direction i might consider it
Yes, lets do some analysing! 
NZD current interest rate 2.5% and the pair is trending upwards, JPY 0.1%. For carry trade to work the interest rate differential has to be positive, right. If RBNZ increases its interest rate and BoJ keeps it low, under 1% there is a potential.
These two articles are in favour: Bloomberg - Are you a robot? , RBNZ holds official cash rate at 2.5 pc | Stuff.co.nz
But they predict that the interest rate hike for NZD would start in March next year. Now its all up to BoJ and their decisions.
Moving on and looking at NZDJPY weekly chart I see that although the overall trend is up, the price is only around 1300 pips away from all time max in the last 20 years. So the next big question is: Will it rise past 97.74 or fall?
The zone around 87.110 could be a overhead resistance. I am cautious about this. :33:
Current price is 86.24…if it brakes through it could continue upwards…still watching though