It is something hard to say, because in hindsight each pair is individual to each economy although if the USD is falling generally the G10 majors will most likely go up. 

But sometimes, a currency do as it wishes. The USD/JPY is known for that. It will move the way it wants to move. 

In hindsight, each trade is individual to itself regardless of anything else. 

The MACD is putting lower lows but at the same times putting in higher lows too. 

So I am neutral on the pair, the WISE thing to do would be to long it at the support anticiapting a strong push from that level but otherwise if it breaks through and continues to make legs lower then the USD tune is still playing. 

Kiwi Dollar Strength?

Aug 23 2021