JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 
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- AUD/NZD is trading around 1.0487 marks.
- Pair made intraday high at 1.0498 and low at 1.0469 marks.
- Short term bias remains highly neutral till the time pair holds tight range from 1.0547 to 1.0455 marks.
- On the top side, a sustained close above 1.0547 will drag the parity higher towards 1.0647/1.0748/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA)/1.1123/1.1298/1.1317 levels respectively.
- Alternatively, a daily close below 1.0455 will take the parity down towards key supports around 1.0408(June 9, 2016 low), 1.0362 and 1.0231 marks respectively.
- Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend in a daily chart.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
