NZDJPY Surges on NZD Buying: Bullish Setup Eyes 95 as Key Support Holds

NZDJPY  gained sharply on board-based New Zealand dollar buying. If the 92.60 support holds, the uptrend appears to be trending toward favorability.

Technicals	CMP -93.02	Trend
1- Hour chart	Value
55 EMA	92.53	CMP>value	Bullish
200- EMA	92.22	CMP >value	Bullish
365- EMA	92.28	CMP>value	Bullish
EMA	92.22	CMP>Value	Bullish

 Near-term resistance - 92.70/93.25/93.62/94/94.40/95/95.50. Near-term support-  91/90.50/89.

Momentum indicator	Inference	Value
CCI(50)	Bullish	127
ADX	Neutral

 It is good to buy on dips around 92.48.50 with an SL around 91.80, for a TP of 95.