Bears tighten grip as rejection at 20-day SMA fuels downside pressure
NZD/JPY slides to 86.65 on Thursday, marking a continued retreat from recent highs. The pair struggles to regain ground after facing rejection at the 20-day SMA, highlighting weak bullish attempts. With fading momentum and declining RSI, further losses may be in store unless buyers regain control. The NZD/JPY pair took another step lower on Thursday, … Read more