Chart of The day $NZDJPY

On the NZDJPY chart, we can see that the instrument is trying to break below a strong downside resistance 75.659 level and we have a brief break below it. A confirmation today is needed for a downside extension into the 73.500 wedge level.

Note: wait for a daily price action and look for the short trade entries with the stop loss above the 76 level.

NZDJPY chart of the day

 

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