NZDJPY
recently broke the ascending trendline and did a retest earlier in the London session. With New Zealand's recent poor GDP data, it is showing signs of exhaustion while we can expect the Yen as a safe haven asset to increase in demand in view of wave 2 pandemic. Thus, we can expect more downside movement towards the next strong key level as shown in the chart. Trade safe guys!
Trade active
Trade closed: target reached