NZD/JPY chart - Trading View
- NZD/JPY is extending choppy trade along 200-DMA, which is strong support at 75.06.
- Technical indicators support weakness. Decisive break below will see further downside.
- RSI is below 50 levels and Stochs are highly bearish. -ve DMI dominance adds to the bearish bias.
- Further we see Bearish divergence on RSI and Stochs which supports downside.
- 5-DMA is capping recovery attempts and decisive break below 200-DMA to see dip till 73.96 (38.2% Fib).
- On the flipside, bounce off 200-DMA support and close above 5-DMA will see further upside.
Support levels - 74.61 (Lower BB), 73.96 (38.2% Fib), 73.20 (Jan 17 low)
Resistance levels - 75.06 (200-DMA), 75.13 (5-DMA), 75.40 (110-DMA)
Recommendation: Stay short on decisive break below 200-DMA, SL: 75.20, TP: 74.60/ 74/ 73.20
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



