considering market structure there is high possibility of shorting opportunities
yet another pull back on the previous high. due to the down trend the pair might head lower yet once again and in addition it is bouncing on the 200EMA.Incase of a fall the target is the previous low
nzdjpy forming lower lows and lower highs on h1 time frame shorting opportunity available to the previous low
there has been a equal double top which has been wicked off on the h4 timeframe hence a false breakout and a retest on the previous high leaving alot of liquidity on the lower side which might be cleared out hence the shorting idea timeframe h4 and h1