NZDJPY will continue the dump next weekNZD/JPYOANDA:NZDJPYMMBTtraderThe NZD/JPY currency pair experienced a strong and aggressive dump, declining from 93.7 down to 91.3. This sharp downward move reflects significant bearish momentum. Currently, the price has retraced higher and is trading near 92.63. From a technical perspective, this retracement appears to be a corrective pullback within a broader downtrend rather than a full reversal. Looking ahead into the new week, the dump may continue as the bearish structure remains intact. Therefore, we are opening a low-risk sell position near the 0.61 Fibonacci resistance level – a classic retracement level where sellers often regain control. The expectation is to let the price continue its fall from this resistance zone.