NZDJPY Breakdown Setup Alert | Technical Analysis

The NZDJPY pair has broken the bullish trendline, signaling a possible shift in momentum.

Key Observations:

Price rejected the 87.720 resistance level

Clear break and close below the trendline

Pullback expected before continuation down

Targets:
📉 First support: 84.232
📉 Final support: 80.039


🔄 A retest of the broken trendline or horizontal resistance could offer a clean short entry opportunity.

Bearish Bias remains valid unless price reclaims and closes above 87.720.

💬 What do you think? Is this the start of a deeper correction for NZDJPY?
📈 Drop your thoughts and let’s discuss!

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