• The daily RSI for the NZD/JPY shows a decreasing trend, hinting at a growing bearish bias.
• On the hourly chart, both RSI and MACD reflect a growing bearish tendency, supporting the daily chart's sentiment.
• Any movements that leave the pair above its 20-day SMA won’t challenge the bullish outlook.

The NZD/JPY pair is down by 0.45% on Tuesday, trading at 92.99. Despite some bearish undertones, the NZD/JPY maintains a long-term bullish trend above its principal Simple Moving Averages (SMAs). There is potential for short-term momentum shifts, as investors are stepping back to take profits after propelling the pair to highs since 2015 on Monday