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NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
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For the past two weeks, NZDJPY has been trading in a tight range between 93.83 and 92.56. At 93.41 now, it touched its intraday low of 93.19. Intraday trend is positive provided the 91.80 support stays intact
|
Technicals |
CMP -93.33 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.28 |
CMP >value |
Bullish |
|
200- EMA |
93.14 |
CMP >value |
Bullish |
|
365- EMA |
93.06 |
CMP> value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
48.94 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93 with SL around 92.45 for a TP of 94.
