NZDJPY gained slightly on board based yen weakness. Intraday trend remains bearish as long as the resistance at 87.40 holds. Hitting an intraday high of 86.96, it presently trades at about 86.89. As long as the resistance at 89.20 remains intact, the general bearish trend is still valid.
Technicals-
The pair is trading above the 55 EMA, below the 200 EMA, and below the 365 EMA in the 15-minute chart.
The near-term resistance is around 87.20, breach above targets 87.40/89.20/90. The immediate support is at 86.50 any violation below will drag the pair to 86/85.50/85.10/84.06.
Indicator (15-min chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to sell on rallies around 87 with SL around 87.40 for TP of 85.


NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro: GBP/USD gains some upside momentum but still bearish
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally 



