NZD/JPY chart on Trading View used for analysis
- NZD/JPY is attempting breakout of sloping channel pattern.
- The pair has been extending choppy trade at 110-W EMA resistance.
- We are seeing a grind along channel top and breakout there could see bullish continuation.
- A bullish divergence on Stochs on the weekly charts adds to upside scope.
- Breakout at 110-W EMA finds next major resistance at weekly cloud at 77.57.
- On the flipside, 76.64 (5W SMA is immediate support), weakness likely on break below.
Support levels - 76.63 (5W SMA), 75 (23.6% Fib)
Resistance levels - 77.30 (110-W EMA), 77.57 (weekly cloud base), 79.45 (61.8% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


NZDJPY Bulls in Control: Buy-the-Dip Setup Points to 96 Target
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
FxWirePro- Woodies Pivot(Major)
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
US Gas Market Poised for Supercycle: Bernstein Analysts
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 



