NzdJpy – Look to sell on bearish price action if key support turn resistance.
Trend: Bearish Weekly
Key Levels: Resistance / Support = 69.0
Price Action: Price needs to break below level noted on daily time frame for me to continue selling.
Notes: I'm waiting for price to trade below this pivotal level, I will be selling into strength whilst price is contained below this important price zone. I will wait for Mondays low to develop so I can pivot a short at this area.
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Technical based trader sharing my thoughts