IT IS FORMING THE 5TH WAVE TO THE BOTTOM OF THE CURRENTLY.
DO NOTE THAT EVEN THOUGH D1 FAILED TO CLOSE OUTSIDE OF THE . THE H4 HAS ACTUALLY CLOSED OUTSIDE, BARELY. PRICE MAY "RETEST" THE AFTER THIS "BREAKOUT" BUT I AM MORE CONFIDENT ON THE D1, THUS THE RETEST SHOULD FAIL.
D1 H4 OVERBOUGHT
D1 PIN BAR
the pair is acting weirdly i would guess it is trying to stop out sellers currently. If you hang on tight enough for one more H4 bar we may see a drop afterwards.
As long as H4 doesnt close above 92.00 we are fine. We must trust in the D1 pin bar.
I am not in this trade so i am not in the best position to be advising you on this if you are in.
I see upward force in AUDJPY and usually NZDJPY and AUDJPY are correlated but the pair hardly move together now. So yea, it is acting weirdly.