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FxWirePro- Woodies Pivot(Major) 
NZDJPY pared most of its gains after hawkish rate pause. It hits an intraday low of 92 and is currently trading around 92.21. Intraday trend is weak as long resistance 93 holds.
|
Technicals |
CMP -92.21 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.46 |
CMP <value |
Bearish |
|
200- EMA |
92.83 |
CMP < value |
Bearish |
|
365- EMA |
92.92 |
CMP <value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-171.34 |
|
ADX |
Neutral |
Strength increased from 20.56 to 24 |
It is good to sell on rallies around 92.38-40 with SL around 93 for a TP of 91.05/90.
