FX:NZDJPY   New Zealand Dollar / Japanese Yen
Very bearish weekly shooting star close rejecting out of the daily/weekly fib reversal zone (between 61.8 and 78.6)

2HR 3rd trend line bounce

Rejection of 2/4HR 78.6% fib level

4HR rejection of 50ema

Retest of broken trend line

Medium/long term target is 72.50 for this pair.

R:R 1:3.92
Trade active: Trade active. Plan to add further short position upon a break of the 4HR 8EMA.


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