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Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
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Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 
NZDJPY rallied strongly, breaking significant resistance at 93 as the yen lost its shine. It reached an intraday high of 93. 22 and is presently trading near 93.15. Intraday trend is bullish, provided that support at 92. 50 remains intact.
|
Technicals |
CMP -93.14 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.70 |
CMP< value |
Bullish |
|
200- EMA |
92.64 |
CMP < value |
Bullish |
|
365- EMA |
92.70 |
CMP <value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
117.09 |
|
ADX |
Bullish |
Strength increased to 28.90 to 31.50 |
It is good to buy on dips around 92.85-90 with SL around 92.40 for a TP of 95
