PEPPERSTONE:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY bounced of a strong supply that failed to set higher highs. Overal JPY seems to gain some strength or at least showing signs of a potential correction.
A potential break of structure on the left might offer a nice short opportunity, but price might still be bouncing around and get compressed before any big imbalance might show up.
Comment:
Price made a slight break of recent low, but only a wick.
I would like to see a close and open below or a very aggressive sell impuls on the next candles breaking that recent wick.
Comment:
And we're live
Trade closed: target reached
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