A bearish direction is being formed through the day on the NZDUSD pair and thats when the price starts moving below the wave of the EMA indicators.
And since the RIS indicators line is going below the center line of the value of 50 then that means that theres sell signal taking place.
Combining that with the data gathered from the MACD indicator we can notice that the green lines are heading down informing us that the market is starting to get controlled by the bears traders in the current period.
Going with the bears would prove to be the best choice after all but thats of course when the price start gaining strength and get over the EMA waves forming by that a buy signal .