NZD/JPY PRICE ANALYSIS: CONSOLIDATING BELOW 90.00, BULLS AWAIT A FRESH PUSH

avatar
· 閱讀量 143



  • NZD/JPY was flat on Wednesday, trading at 89.40.
  • The RSI remains below 50, indicating a subdued buying pressure.
  • The pair is currently trading within a range between the 88.50 and 89.50 support and resistance levels.

The NZD/JPY currency pair traded flat on Wednesday around the 89.40 zone. Technical indicators provide contrasting signals, with the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) offering contrasting perspectives.

The RSI, a measure of momentum, has flattened and is currently at 45, below the neutral level of 50. This indicates decreasing buying pressure and suggests that the bulls are losing some of their recent momentum. However, the MACD continues to show flat green bars. Green bars generally indicate upward momentum, but the flatness suggests that the upward thrust is not strong enough at the moment.



風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0
暫無留言。 來發表第一則觀點吧。

  • tradingContest