NZDJPY declined sharply after a minor pullback above 88 on a weak New Zealand dollar. The intraday trend is bullish as long as support 87.20 holds. Having dipped to an intraday low of 87.41, it now trades at about 87.486.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 87.51
EMA (4-hour chart)
55-EMA- 87.539
200-EMA- 87.322
365-EMA- 87.23. The pair trades below the short (55 EMA) and above the long-term moving average.
Major support- 87.20. Any breach below will drag the pair down to 86.65/85.37/84.45/84.
Major resistance - 87.85. Any break above 87.85 confirms minor bullishness, a jump to 88.20/89/90.
Indicator (4-hour chart)
CCI (50)- bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to buy on dips around 87.48-50 with SL around 87 for TP of 89.20.


FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary 



