NZDJPY holds above the 88 level on a strong New Zealand dollar. The intraday trend remains bullish as long as support at 87.45 holds. It hit an intraday high of 88.08 and is currently trading around 88.032. The overall bearish trend is intact as long as the resistance at 89.20 holds.
Technicals-
The pair is trading above the 55 EMA, 200 EMA, and 365 EMA on the 4-hour chart.
The near-term resistance is around 88.20, breach above targets 89.20/90. The immediate support is at 87.40; any violation below will drag the pair to 87.16/87/86.65/86/85.50/85.10/84.06.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 87.40 with SL around 87 for TP of 89.20/90.


Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary 



