• The daily RSI shows that buyers' hold over the market is likely fading, signaling the growing presence of sellers.
• On the hourly chart, indicators underline a prominent seller command in the past sessions.

The NZD/JPY is trading slightly lower at around 91.23. It seems the firm grip buyers had over the market is dwindling, yet the pair doggedly persists above crucial Simple Moving Averages (SMAs). Market watchers should eye the short-term trajectory of the NZD/JPY for any potential shifts that could give sellers the upper hand. Specifically, if bears breach the 20-day Simple Moving Average (SMA) at 91.00