NJ Neutral weekly

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NZDJPY has showed major weakness for months this year, and continuous to plummet .
Price has found way back to the weekly ascending trendline and is cornered.

Wait to see if trendline support holds or if it breaks a break will see it move towards the next area of support below trendline if it hold it be indicated by a bullish engulfing close on weekly to indicated medium term trend change .

It is not advisable to risk on this pair until higher probability setups occur on higher time frames.

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