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NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
• USD/JPY advanced on Thursday as Japan’s election uncertainty and U.S. trade tensions weighed on yen.
• Investors remain focused on tariffs ahead of an August 1 deadline when many trading partners face higher trade levies
• Japan failed to clinch a deal with the U.S. before the July 9 expiration of the temporary pause on the country-specific tariffs.
• Amid heightened trade tensions, Japan’s top trade negotiator spoke with U.S. Commerce Secretary Howard Lutnick on tariffs, as export data showed a second consecutive monthly decline amid growing trade pressure.
• Meanwhile, Recent opinion polls suggest that Prime Minister Shigeru Ishiba’s ruling coalition is at risk of losing its majority in the upper house of parliament, raising concerns over potential political instability.
• Immediate resistance is located at 149.38(38.2%fib), any close above will push the pair towards 150.00(Psychological level).
• Support is seen at 147.61(50%fib) and break below could take the pair towards 145.72 (61.8%fib).
Recommendation: Good to buy around 148.50, with stop loss of 147.70 and target price of 149.50
