NZD/JPY: Big Correction Looming

NZD/JPY has reversed at 85.4 retracement from 2008 drop and break the Trend Line support. Watch out for big correction in the weeks / months ahead. Elliott Wave wise, we can label ABC completed at 89.9. This is another of my favorite play. Also see the related link for the lower time frame chart's analysis.

Good luck and trade safe.

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