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FxWirePro: NZD/USD recovers slightly but downtrend likely to resume 
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AUDJPY Under Pressure: Bearish Technicals Signal Further Downside for the Aussie 
For the past one week, NZDJPY trades in a tight range between 93.87 and 92.12. . Trading now at about 93.16, it reached an intraday low of 92.97. As long as support at 91.80 holds, the intraday trend is up.
|
Technicals |
CMP -93.27\ |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.09 |
CMP >value |
Bullish |
|
200- EMA |
93.082 |
CMP >value |
Bullish |
|
365- EMA |
93 |
CMP >value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
57.81 |
|
ADX |
Neutral |
|
It is good to buy on dips around 92.48-50 with SL around 91.80 for a TP of 94.20.
