• The daily chart for NZD/JPY reveals continuing bullish momentum, with indicators in positive terrain.
• The hourly indicators are correcting overbought conditions.

The NZD/JPY tallied daily gains on Tuesday’s session and rose to 91.78. The pair maintains a solid footing above all main Simple Moving Averages (SMAs), which may signal additional strength despite intra-day pull-backs seen during the American session. Indicators remain strong on the daily chart but the hourly ones are losing traction as they are correcting overbought conditions.