NZDJPY upside resistance confluence test
NZDJPY is testing the confluence of resistance 78.150. This is also now a previously broken long-term rising wedge resistance. A rejection here could lead to a downside reversal and a continuation lower and a break above this level is required for the upside breakout and a continuation higher.
Note: look for the short trade entries with the stop loss above 79 if you will be stopped out reverse to long trade
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