Bearish
NZD/JPY consolidates below 90; bearish bias persists amid market indecision.
Over the past 24 hours, NZD/JPY has remained below the 90 resistance level, indicating a continued bearish trend. Traders are awaiting a clear breakout to determine the next directional move. Technical indicators suggest that the path of least resistance remains to the downside.
Key points
- NZD/JPY consolidates below 90; bearish bias holds as traders await breakout.
- Market indecision prevails; no significant developments in the last 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
