Chart of The Day $NZDJPY 02-08-2018

On the NZDJPY daily chart, we can see that the pair is breaking below the uptrend line making the case for a further decline into the 78 long-term trendline level. The strong downside support zone is 79.400-79.750.

Note: look only for the short trade entries for now with the SL above 80 level.

NZDJPY price action technical analysis

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