NZD/JPY sees slight gains and recovers 100-day SMA, bears take a breather

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• The NZD/JPY hovers around 88.40, marking a gain of 0.30% after recent bearish pressure.
• Key indicators gain ground, but bears are still in command in the short term.
• Despite short-term hurdles, evident by residing below the 20-day SMA, the NZD/JPY pair remains within bullish controls in a larger context.

In Friday’s session, the NZD/JPY made slight gains to 88.40 after dipping 1.30% over the past two days. Although the pair’s daily chart reflects a neutral to bearish trend, buyers seem to have control of larger time frames. Meanwhile, the four-hour chart’s indicators hint at a bolstering buying momentum, suggesting more upward movements in the next sessions.