<\/p>\n
\n Share:<\/span><\/p>\n The NZD\/JPY will close a 0.30% losing week around the 89.245 area, as investors are taking profits from the early month’s sharp gains.<\/p>\n Observing the daily chart, the NZD\/JPY displays signs of bullish exhaustion after the cross gained more than 3% at the beginning of November. The Relative Strength Index (RSI) has turned flat above its midline, while the Moving Average Convergence (MACD) prints neutral green bars. On the four-hour chart<\/a>, the indicators<\/a> have also flattened but are also slightly lilted to the upside, suggesting that buyers are consolidating gains.<\/p>\n Additionally, the cross is above the 20,100,200-day Simple Moving Average (SMA), suggesting that the outlook also favours the bulls in the larger time frames. Furthermore, there could be a bullish confirmation as the 100-day SMA is converging towards the 20-day average to perform a bullish cross, which could reignite the momentum for the buyers in the short term.<\/p>\n \u00a0Support levels: 89.000, 88.700, 88.500.<\/p>\n \u00a0Resistance levels: 89.5000, 89.850,90.000.<\/p>\n \u00a0<\/p>\n<\/p>\n \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Share: NZD\/JPY rose nearly 0.10% towards the 89.245 area The cross continues to side-ways trades, slightly tilted to the downside. Bulls seem to be taking a breather after last week\u2019s 3% gains. The NZD\/JPY will close a 0.30% losing week around the 89.245 area, as investors are taking profits from the early month’s sharp gains. […]<\/p>\n","protected":false},"author":2,"featured_media":54117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,255,250,5192,252,247,253,249,308,256,254],"class_list":["post-191937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-nzdjpy","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=191937"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191937\/revisions"}],"predecessor-version":[{"id":191938,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191937\/revisions\/191938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/54117"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=191937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=191937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=191937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\u00a0NZD\/JPY\u00a0Daily Chart<\/strong><\/h2>\n