FX:NZDJPY   New Zealand Dollar / Japanese Yen
5
Kiwi Yen has recently been in a short-mid term corrective structure after an impressive bullish run that began in last Oct 2016. You can see that price was rejected twice off the 85.31 level, a previous major resistance and bulls now appear to be losing ground with price forming lower highs and lower lows. If this continues and price closes below the medium term daily support level, then we could potentially see price heading to the 77.30-78.20 zone, a prior zone of interest.
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