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NZDJPY: The Next Bearish Wave đŸ‡łđŸ‡żđŸ‡ŻđŸ‡”

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NyzeelĂ€ndska dollar/Japanska yen (OANDA:NZDJPY)  
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OANDA:NZDJPY   NyzeelĂ€ndska dollar/Japanska yen
Supply and Demand Candlestick Analysis Elliott Wave swing swingtrading swingtrade swingtrader swingsetup NZDJPY yen japaneseyen
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supplyanddemand candlestick elliottwaves swing swingtrading swingtrade swingtrader swingsetup nzdjpy yen japaneseyen
snapshot

Hey traders,

NZDJPY broke and closed below a major wide demand cluster on a daily.
The broken structure 83.8 - 85.0 turned into resistance now.

It looks like the pair is quite oversold at the moment.
The market will most likely retrace to the underlined area
and a bearish wave will initiate then.

Goal will be a rising trend line, matching the last higher lows.

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