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NZDJPY dropped to a key daily structure support.

Approaching the underlined structure, the price formed an inverted h&s pattern on 1H time frame.
To buy with a confirmation, we need a bullish breakout of its neckline (82.57 -82.7 area).
Goals will be 83.24 / 83.77

If the price sets a new low, the setup will be invalid.

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Candlestick AnalysisForexforextradingfxtradingHead and ShouldersjapaneseyenMultiple Time Frame AnalysisnewzealanddollarNZDJPYyen

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