The NZD/JPY is going bearish as it has broken the previous HL which indicates that the Continuous Advancing trend has been broken and the distribution stage will occur and then it will decline unless it breaks the LH to accumulate again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.