NZD/JPY: Signal of price action – possible downgrade

NZD/JPY: Daily schedule – downtrend price on diagonal resistance Price action: Pin bar on resistance levels and 200 MA – likely drop in price indicators: 50/200MA: price below 200MA – remain short DeM: in the area of over-bought market – possible downgrade CCI (50) pivots from over-bought market – a negative signal SL 76.200 Alternative scenario: […]