Descending Wedge against 38.2% Fib

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Today's open may very well have hit the lows as it took a strong bounce from there.

Other Yen pairs displaying the same price action.

Further confirmation could come from break of upper trend line , aggressive positioning from current levels against the lower trend line . BOJ up this week, could be the catalyst.
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