As the momentum was strongly bullish it is taking a pullback then heading the monthly target
The momentum shows a Bearish Flag then made a breakout went back to retest, There is a possibility of the a bearish trend continuation OANDA:NZDUSD
According to the trend line i see a but opportunity this week since JXY is weak this week
I have seen a bearish momentum but it retest and the momentum will keep on moving towards the downtrend