- NZD/JPY is trading near 85.70 area with slight gains on Friday.
- The husband maintains a declining look despite mixed technical signals.
- The main support is assembled less than 85.60, with resistance near 86.00.
NZD/JPY husband tries to stick to modest gains because he is trading near the 85.70 region before the Asian session on Friday. Despite the slight height, the broader artistic image remains inclined to the downside, which reflects the impact of the long -term ripples that kept the pair in a narrow range recently. Merchants appear to be hesitant to push the husband much higher, which reflects a cautious tone because they establish the balance of technical indicators.
NZD/JPY offers a complex technical wallpaper, with short -term signals that provide a mixed image. The simple 20 -day moving average (SMA) currently refers to a purchase signal, which reflects modern power. However, this was overwhelmed by SMAS for 100 days and 200 days, both of which indicate a downward look, with a highlight of the broader broader pressure. The SIA moving average for 10 days (EMA) and 10 days of SMA, which was also placed in the 1980s, reinforces this landfill, and corresponds to the long -term direction.
Momentum indicators provide a similar mixed signal. The RSI is found in the 1950s, indicating the neutral momentum, while the average medium rapprochement (MACD) indicates a slight purchase pressure, adding a hint of the bullish capabilities. However, random % K (14, 3, 3) in the 1940s, which indicates a more cautious position, while the commodity channel index (20) also indicates neutrality, which confirms the absence of a clear directional bias. The average trend index (14), which was placed about 15, confirms this neutral tone, indicating the presence of a market that lacks the strong direction.
Currently, immediate support is seen about 85.64, with additional layers at 85.51 and 85.50. On the upper side, the resistance is likely to appear about 85.70, followed by a large number of 85.77 and 86.03, which limits any attempts to recover in the near term.
Daily chart
