NZDJPY going down for 50pipsWhen you anticipate that NZD/JPY will go down by 50 pips and are referencing a bat pattern, you're combining both price movement and technical analysis (specifically, harmonic trading patterns) in your forecast.
1. 50-Pip Bearish Movement
You are expecting that the New Zealand Dollar (NZD) will weaken against the Japanese Yen (JPY), and the exchange rate will drop by 50 pips. If the current price is, for example, 88.00, a 50-pip bearish move would push the price down to 87.50.