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This is the forex quote for the New Zealand Dollar vs. Japanese Yen exchange rate. NZD (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive…
NZDJPY cross pair on H1 is in local uptrend. Price is developing higher high. But corresponding RSI chart depicts, that where on price chart were higher tops, on RSI chart were likely equal tops. This could be described as weak bearish divergence class C, which…