At the moment we are at a critical level where price can either break above the range or retrace to the tested trendline. At the moment there is no indication that price momentum is reducing so my sentiment is more bullish than bearish.
For bearish sentiment we would need to see a shift in either the signals indicator or a shift in price action.
Trade closed: target reached
Trade did as expected
Technical IndicatorsNZDJPYTrend Analysis

C Nicholas Downie
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