Technical Analysis – NZDJPY maintains neutral bias but risks are to the downside
NZDJPY is extending its sideways trading in the four-hour chart, trailing the lower bound of the Ichimoku cloud. The 20-period moving average (MA) is flatlining in the same region, providing additional support against downward attempts. The momentum indicators further underline the neutral short-term picture, though with the RSI glued slightly below the 50 level and […]