NZDJPY Maintains Neutral Bias but Risks are to the Downside

<p>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 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304173-nzdjpy-maintains-neutral-bias-but-risks-are-to-the-downside/">NZDJPY Maintains Neutral Bias but Risks are to the Downside</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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