NZDJPY traded in a narrow range between 86.95 and 86.35 for the past three days. Intraday trend remains bearish as long as the resistance at 87 holds. Hitting an intraday high of 86.72, it presently trades at about 86.601. As long as the resistance at 89.20 remains intact, the general bearish trend is still valid.
Technicals-
The pair is trading below the 55 EMA, 200 EMA, and 365 EMA in the 1-hour chart.
The near-term resistance is around 86.80, breach above targets 87/87.40/89.20/90. The immediate support is at 86.35; any violation below will drag the pair to 86/85.50/85.10/84.06.
Indicator (1-hour chart)
CCI (50)- Bearish
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.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
Gold Loses Steam After Strong U.S. Retail Sales
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 



