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- NZD/JPY break major resistance 100-DMA 74.01 and 20-DMA at 74.16, intraday bias higher.
- Technicals on daily charts support upside, pair on track to test 200-DMA at 75.04.
- RSI & stochs are biased higher, bullish MACD line crossover on signal line seen.
- Major support levels - 74.16 (20-DMA), 100-DMA (74.01), 73.86 (session low)
- Major resistance levels - 75.04 (200-DMA), 75.30 (trendline), 76
Recommendation: Good to go long on dips around 74.20/30, SL: 73.85, TP: 75/ 75.30
