NZDJPY showed a nice gap up as the yen lost its shine due to political uncertainty. Intraday trend remains bullish as long as support 86.60 holds. It hit an intraday high of 87.45 and is currently trading around 87.375. The overall bearish trend is intact as long as the resistance at 89.20 holds.
Technicals-
The pair is trading above 55 EMA, 200-EMA, and 365 EMA on the 4-hour chart.
The near-term resistance is around 87.90, breach above targets 89.20/90. The immediate support is at 86.80; any violation below will drag the pair to 86.50/86/85.50/85.10/84.06.
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 87.18-20 with SL around 86.75 for TP of 89.20/90.


FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edges lower, but bullish outlook persists
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 



