NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
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- Copper is extending downside from 6-month highs of 0.752 hit on Nov 27.
- We have noticed a bearish RSI divergence on daily charts.
- MACD line has also shown a bearish crossover on signal line.
- Support levels - 2.636 (1H 20-SMA), 2.595 (20-DMA), 2.550 (Nov 30 low)
- Resistance levels - 2.655 (5-DMA), 2.670 (Dec 8 high), 2.706 (Dec 7 high)
Recommendation: Good to sell rallies around 2.650, SL: 2.70, TP: 2.620/ 2.595/ 2.550
