NZDJPY – Retesting Upper Channel: Looking for Shorts!

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NZDJPY – Retesting Upper Channel: Looking for Shorts!New Zealand Dollar/Japanese YenFX:NZDJPYTheSignalystNZDJPY remains inside a falling channel on the 4H. Price just spiked back into the upper trendline / supply (87.40–87.80), where sellers have reacted before. As long as this red zone holds, I’ll look for lower-high + break-of-structure sell setups toward 86.30, then the 85.40–85.00 channel low. A clean 4H close above ~88.00 would invalidate the idea and open room for 88.70–89.00. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr