This pair has been moving higher since the April low just below 0.76. For the past 19 days it has been consolidating between 82.00 – 83.20. The consolidation was broken yesterday. Analysing the chart, there is more room to the downside with a triple top (to be confirmed) on the Daily chart at 83.80. I will only sell this pair on a close below 82.00 as this will confirm that the triple top is valid. A close above 83.80 will get my attention to go long.

NZDJPY - WHAT I'M WATCHING

Source: MARYNA

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