FxWirePro- Major Pair levels and bias summary 
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EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
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.
