LupaCapital

NZD JPY Short

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FX:NZDJPY   Dolar New Zealand / Yen Jepun
looking for a second entry on NZD JPY - depending on how the the market conditions look.
We have a daily indecision candle - so looking for some good movements tomorrow lining up.

Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off.

from a technical S&D perspective we will look at the fibonacci retrace at 50% or worst case 70.5% retrace. However this is close towards our entries.
on a daily level, we hit the supply zone and saw a nice wick rejection just the previous touch .
Note: our entry points will change, this is purely guidance as the market is reactive not predictive.

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Thanks,
Lupa Capital Partners
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