Sell Setup on NZDJPY
Looking at NzdJpy, price has been creating some solid downtrend structure recently. We have broken a Daily Significant Level and come back to retest while rejecting off of the Non-Horizontal Resistance Level that is identified. I'll be waiting to see if price could have a strong bearish candle closure before placing any shorts.
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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.