Hello traders:
Expecting the same development here on NZDJPY.
Very similar price action as NZDUSD that I posted earlier.
Same bearish momentum pushing the price down after a strong bearish impulse, and has now formed the bearish ascending channel reversal at the top.
We can see price isn't pushing higher, nor any bullish price action developed. Instead its more giving us a bearish continuation from the overall price.
Watch for more commitment of the bearish price and look for continuation on the lower time frame as a confirmation would be ideal to sell.
Thank you