AlkalineFX

NZDJPY: Zoom Out 🔍

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Everyone is focusing on the lower time frames without noticing the higher monthly supply holding right above current price.

Be careful selling before this zone! We are seeing lots of indecision suggesting price may well want to travel up into the supply before any signs of reversals.

Bear this in mind when trading this pair.

Please let me know what you think in the comments 💬

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