NZDJPY Short bias

My bias for now is bearish because of the major change of trend pattern highlighted by my rectangle. However, a break and retest of 75.950 level will result in a bullish market and a big impulse to the upside.

So now we let a possible consolidating Monday play out and wait for a B&R of either 75.950 or 75.570 to determine our entry.

Use effective risk management.

Feel free to share your views.

Safe trading!!
Chart PatternsHarmonic PatternsTrend Analysis

Aviso legal