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NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50 
- Major support – 129.06 (Aug 15th 2016 low).
- Major resistance – 133.05 (9- day EMA).
- GBP/JPY has pared its gains after making a high of 132.26 yesterday. It is currently trading around 131.53.
- The pair recovered till 133.26 and started to decline from that level. It is currently trading at 132.94.
- The pair is facing strong resistance at 9- day EMA and any break above will take the pair to next level till 134.42 (daily Kijun-Sen)/136.46 (55- day EMA).
- In the hourly chart, the pair is trading well above Tenkan-Sen (131.98) and 131.98 (Kijun-Sen).
- On the lower side, 131.53 (hourly Kijun-Sen) will be acting as minor support and any break below targets 130.50/129.06 (Aug 15th 2016 low)/126.67.
It is good to sell on rallies around 133 with SL around 133.50 for the TP of 131.98/130
