Technical Analysis – NZDJPY ascent stumbles at 200-day MA; upside momentum eases slightly
NZDJPY is attempting to regain its positive footing after hitting a brick wall at the 200-day moving average (MA). Prices peaked at 71.24 – a 4-month high. Further gains are possible in the near term as, despite the softening in the bullish bias, the momentum indicators suggest there is scope for a continuation of the […]