NZDJPY: Short opportunity.

The pair is trading within a multi year Falling Wedge with the whole 2019 year being a bearish leg/ Channel Down (RSI = 40.270, MACD = -2.190, Highs/Lows = -1.6579) on its own. The 1W RSI has hit the top of the Falling Wedge and appears to be reversing. We take that as a Short Signal with our Target at 66.375.






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