FxWirePro- Woodies pivot (Major) 
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NZDJPY pared some of its gains after minor pullback. It hits an low of 91.88 yesterday and is currently trading around 92.71.
|
Technicals |
CMP -92.71 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.62 |
CMP<value |
Bearish |
|
200- EMA |
93.61 |
CMP <value |
Bearish |
|
365- EMA |
93.40 |
CMP<value |
Bearish |
|
92.70 |
CMP<Value |
Bearish |
Near-term resistance - 93/93.60/94.50. Near-term support- 92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 93, with an SL around 94, for a TP of 90.
