FX:NZDJPY   New Zealand Dollar / Japanese Yen
17 0 0
Price is coiling up between the 50 and 200 period MAs and it's unclear whether the continuation will be to the upside or downside. I've drawn two butterflies one bullish the other bearish . The reddish triangle is a scenario where C of the bullish butterfly is already in place implying a resolution downwards from present price action. Good luck!
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