FxWirePro- NZDJPY trade idea
NZDJPY was one of the worst performers this week and lost more than 150 pips. It hit a low of 89.48 and is currently trading around 89.59.
Technicals-
The pair is trading below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 90, a breach above targets 90.35/90.80/91.15. The immediate support is at 89.48, any violation below will drag the pair to 89/88.25.
Indicator (hourly chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm the bearish trend.
It is good to sell on rallies around 90 with SL around 90.50 for a TP of 89.


FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD retreats slightly but trend is still bullish
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 



