NZDJPY Breakdown Setup Alert | Technical AnalysisThe NZDJPY pair has broken the bullish trendline, signaling a possible shift in momentum.
Key Observations:
Price rejected the 87.720 resistance level
Clear break and close below the trendline
Pullback expected before continuation down
Targets:
📉 First support: 84.232
📉 Final support: 80.039
🔄 A retest of the broken trendline or horizontal resistance could offer a clean short entry opportunity.
Bearish Bias remains valid unless price reclaims and closes above 87.720.
💬 What do you think? Is this the start of a deeper correction for NZDJPY?
📈 Drop your thoughts and let’s discuss!
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