Ater a significant move downwards NZDJPY is creating a bearish flag pattern with the weakness we are seeing in NZD at the moment we can expect another break to the down side 200 Weekly EMA is roughly round the 80 price range which is also a round number a break of this level would see the inital move added on for potential confluence to the monthly trendline around 74 a nice potential 600 pip move

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