Snick3rSD

NZDJPY - Broke the structure ✅

Short
Snick3rSD Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hello traders!
‼️ This is my perspective on NZDJPY.

Technical analysis: After price broke the structure, I expect to see bearish price action, so I look for a short if price makes a retracement to fill the imbalance higher and then rejects from FIBO 0.618 level.

Fundamental news: Next week on Wednesday will be released quarterly CPI on NZD, news with high impact on currency.

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Trade closed: target reached:
TP hit

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