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GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
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NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50 
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Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
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NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
- NZD/JPY extending upside after slight gap down open on the day following poor Chinese data over the weekend.
- The pair has broken trendline resistance at 73.75 on the hourly charts, but was rejected at next resistance by 73.80.
- Intraday bias remains higher. Breaks above 73.80 will find next major resistance at 74.20 (trendline) ahead of 74.70.
- On the downside supports are seen at 73.66 (10-DMA), 73.31 (session lows) and then 73.20 (Feb 11th lows).
Recommendation: Good to go long on breakout above 73.80, SL: 73.30, TP: 74/74.20/74.70
