NZD/JPY short - fib level, trend line touch, 100SMA.

٢٥ أغسطس ٢٠٢٠

NZD weakness should continue after the banks 'dovish' statement last weekend. Technicals all line up; Giving me four confluences (area of resistance.)
Downtrend just starting to form with lower lows being created.
Will look to enter around 69.753