NZDJPY showed a minor pullback on the weak yen. Intraday trend remains neutral as long as the resistance at 86.50 holds. It hit a low of 85.55 and is currently trading around 86.41. Overall bearish trend is intact as long as the resistance at 89.20 holds.
Technicals-
The pair is trading above 34 and 55 EMA, 200-EMA below 365 EMA in the 15-minute chart.
The near-term resistance is around 86.50, a breach above targets 86.81/87.70. The immediate support is at 86; any violation below will drag the pair to 85.50/85.10/84.06.
Indicator ( 15-min chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to sell on rallies around 86.38-40 with SL around 87 for TP of 84.


FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major US Indices
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: NZD/USD sustains gains as uptrend remains strong 



