NzdJpy has been on a bullish momentum. It has been trading along that horizontal channel until that lower trendline was broken. Before that, a double top was formed, the neckline was broken hence the bearish move. I'm bearish on this pair since both the lower horizontal trendline and the double top neckline has been retested. My sentiments will change only if the resistance formed my the double top gets violated.
Happy trading.
Happy trading.