NZDJPY – Bearish condition
The NZDJPY is trading in a clear bearish market condition, earlier this morning it broke through the ST support level indicating it is likely to continue its way down until ir reaches the next LT support level at 62.72:
As long as the NZDJPY continues to trade below 65.61 I’ll be looking for short opportunities.
Tags: NZDJPY Analysis
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