• The daily chart of the NZD/JPY indicates a weakening momentum, with RSI and MACD signifying rising selling pressure.
• The NZD/JPY plunged below the crucial short-term 20-day SMA, hinting at immediate bearish prospects.
• Despite recent bearish actions, the long-term outlook continues to favor buyers.

The NZD/JPY declined to 91.00, down by 0.27% on Friday. Bears are quietly gaining ground conquering the 20-day Simple Moving Average (SMA) and the selling traction is mounting. On the broader outlook, the trend is still bullish.