A few reasons Anish is pretty bearish on this pair, more so after today’s sell-off, post FOMC minutes.

With a key break of this 4HR channel on the Kiwi-Yen, this trade is a play heading into the end of May, should markets close below the 200MA at around the $78 point, bears could find a nice opportunity in hitting a few targets to the downside, before retesting the channel.

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