NZDJPY Long Opportunity

We have entered a short trade based on fundamentals and technicals - see attached -

Our trade generated 400 pips so far. Our midterm target was 73.46. We are just 50 pips away from the target.

We predict a major correction before the bearish continuation.

Tools&Measurements Used for the Long Entry

- RSI divergence on H4 chart
- Fib 78.6% of XA Move
- Test of the Broken Bearish Trendline on the Daily Chart

Area of the Entry: 73.74 - 73.46
Stop: Below 73.00
Targets: 74.20 74.80 75.30

Good Luck