• The daily RSI and MACD indicate diminishing buying momentum as bulls struggle to gain further ground.
• The hourly indicators reveal that sellers have a slight upper hand ahead of the Asian session.

In Monday's session, the NZD/USD pair traded with mild losses, and sellers gained ground. As the pair is facing strong resistance at the 200-day Simple Moving Average (SMA), the pair struggles to consolidate advances. Indicators are flattening and indicate that the moment of the bulls may be coming to an end