NZDJPY fakeout
NZDJPY didn't continue its bearish movement, bouncing in the key fib level 61.8, which also matches with a key S/R level, indicating us it could raise to the 38.2 fib level as a correction wave, touching resistance and the new bearish trendline, to probably keep going down afterwards as soon as January begins.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.