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NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
EURUSD has pared its gains made yesterday after hitting of 1.17980 level after a not so dovish rate hike by Fed. US fed has increased interest rates by 25bpbs and said that it would raise another quarter point by this year,three more next year and one in 2020. US 10 year bond yield has lost more than 2% after the fed monetary policy.
It has lost more than 50 pips from today’s high of 1.17570. The pair should break above 1.1800 for further bullishness.
On the lower side, near term support is around 1.1660 and any break below will drag the pair down till 1.1600/1.1530. Any close below 1.1500 confirms further
The near term resistance is around 1.1760 and any violation above targets 1.1800/1.1825.
It is good to sell on rallies around 1.1718-20 with SL around 1.1765 for the TP of 1.1600/1.1530.
