NZDJPY under bearish pressure after the earlier downward reversal from the resistance area located between the key resistance level 73.150 (which has been reversing the price from July), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous extended impulse wave from last March. Given the strength of the aforementioned resistance area – NZDJPY is likely to fall further in the active impulse wave (3) toward the next support level 71.750 (former support from the middle of December). Strong resistance remains at the resistance level 73.150.