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NZD/JPY PRICE ANALYSIS: BULLISH MOMENTUM FLATTENS ON THE DAILY CHART, BUYERS STILL IN CONTROL

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  • The NZD/JPY settled at 91.12 mild losses in the Friday session.
  • The daily RSI reveals a steady bullish momentum.
  • Hourly chart indicators show a rising bullish sentiment despite some variability.

The NZD/JPY pair, with a slight decline, is currently trading at 91.12 in Friday's session.On the daily chart, the bullish momentum remains steady while the buyers are more present on the hourly timeframes.

The daily chart reveals that the Relative Strength Index (RSI) for the pair is displaying a broadly favorable trend, with a recent rise from the negative zone into positive territory. Meanwhile, the Moving Average Convergence Divergence (MACD) is producing green bars, indicating positive ascending momentum


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