NZD/JPY Possible Path

64
The momentum indicator has hardly dropped down despite 3days of selling. The Stochastic Momentum Index/Money Flow Index is positive. Price is currently held on the 14SMA which appears to be a holding SMA historically. The 200EMA could be in the way of BUYING but I will be watching the close tonight to see if the possible path looks like a possible trade.

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.