FX_IDC:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
Overall we trading in a large descending channel, but looking at where the price currently traded, a tight ranges of support resistance has hold the price for a few trading days, short trade will only be valid if we can see a break below recent support area with a retest to confirm the new resistance. Waiting for some extra confluence such as a high test candle closed or engulfing will give you extra confidence to enter the trade.

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