Trade of the Week: Sell into next NZD/JPY rally

I’m not going to even try and pick definitive levels in NZD/JPY, I will watch and wait as usual and hopefully be awake if/when the hourly top forms. My usual weekend analysis of all the major pairs suggests to me that the NZD/USD will struggle on any approach to .7900 whilst USD/JPY should be capped below 1.1500.

 

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