NZDJPY trades flat with positive bias. As long as support at 88.70 persists, the intraday trend is bullish. The pair hit an low of 88.87; it currently trades at about 89.195.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 89.157
EMA (4-hour chart)
55-EMA- 88.63
200-EMA- 87.85
365-EMA- 87.57. The pair trades above the short (55 EMA) and long-term moving average(200 and 365).
Major support- 88.70. Any breach below will drag the pair down to 88.40/87.99/87.20/86.65/85.37/84.45/84.
Major resistance - 89.65. Any break above 89.65 confirms minor bullishness, a jump to 90/90.65/92.
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 88.70-72 with SL around 88 for TP of 90.65/92.


FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 



