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EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
As the New Zealand dollar lost its pace, NZDJPY reduced most of its gains. Currently trading around 92.82, it touched an intraday low of 92.11. Intraday trend is positive as long as support at 91.80 persists.
|
Technicals |
CMP -92.81 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.08 |
CMP <value |
Bearish |
|
200- EMA |
93.082 |
CMP < value |
Bearish |
|
365- EMA |
92.99 |
CMP <value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-83.76 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93 with SL around 94.20 for a TP of 90.
