The main trend is bearish however price formed a higher low at 95.76 indicating bullish influence is growing.
Price is about to hit it's intraday ascending trend line for the 3rd time inside it's demand zone.
While I think price is more likely to rise from here it is too soon to say.
With the yen losing strength a Bearish Gartley is about to complete on AJ inside a supply zone . I plan on entering a short position once price reaches the PRZ and take profit inside the demand zone directly below.
Both NZD and JPY are losing bullish momentum, slowing down into a bearish gartley formation. Price is currently in a supply zone, I'm waiting for the ascending trendline to break for further confirmation.
Price broke it's daily ascending trendline (bearish confirmation) and broke it's momentary ascending trendline (bearish confirmation). Price is currently retesting the trendline and staying within it's supply zone.