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NZD/JPY Bearish Breakout

Short
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 analysis setup
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trendanalysis supportandresistance mtfa nzd jpy nzdjpy short bearish analysis setup
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸We can observe that this pair has been moving on a range for the last months, but now we can see a clear structure broken to the downside.
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🔸 The first bearish target of this move is the Support Zone at 68.300.

🔸 DAILY CHART EXPLANATION:

snapshot
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