NZDJPY

NZDJPY D1

We are currently sitting at the monthly profit target for bulls and this area is where bulls will want to take profit and bears will look for an opportunity to go short and take this down to MPP

NZDJPY H4

H4 chart is telling us that we are coming down and we are coming down from WR1 and we broke support in Asia so maybe we see London buying from 79.95 and then new york takes us down from around 80.47 which will be a role reversal.

NZDJPY H1

On the H1 we can clearly see that support was broken after a double top had formed, being a bear looking to counter trend i want to sell the pullback at around 80.47

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