NZD/JPY could be starting to retrace to the down side. Fib and heavy resistance area are both in play in this area. Heikin Ashi is currently showing a spinning top for indecision and following red bars to the downside. This signal is not confirmed, but could be an early entry point. Close below blue line will further validate.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.