NZDJPY Medium term outlook

I´ve been posting a bearish case for NZDJPY from few weeks ago and scenario is still valid. Technically this is a warning for stock indices but it has been reluctant to fall so far. This is my forecast though.

I didn´t include Ichimoku indicator to have a clean chart , but if you check it supports the analysis to the downside

Above 89.25 on a daily close would invalidate this scenario, so adjust your SL

I will update once it gets traction

Josep