According to price movement in the last couple days.. I can see clearly that price was not moving up.. based on this, i like to short nzdjpy right now and see the down direction in the coming days.
According to the price movement recently, we clearly can see that price can not go up further.. and the price fell down below the magenta average and the green average turns pointing down.. i expect another bearishness in the coming week.
Based on the average of price in certain periods. I can conclude this is a very delicate scenario.
but still prefer bullish bcoz higher average is not change based on price movement.