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NZD/JPY Bearish View / Top-Down Analysis

New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
ThinkingAntsOk  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD jpy NZDJPY short Bearish Patterns setup analysis
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trendanalysis supportandresistance mtfa nzd jpy nzdjpy short bearish setup analysis
🔸DAILY CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸We consider that this pair has bearish potential towards the Support Zone at 0.66300. However, we need to be careful with the middle Support Zone at 68.800.
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🔸 Will look for a lower timeframe bearish setup.

🔸 4H CHART ANALYSIS:

snapshot
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