NZDJPY Turns Bullish After RBNZ Pause – Buy Dips Toward 95?

NZDJPY  gained sharply after the RBNZ rate pause. If the 91.80 support holds, the uptrend appears to be trending toward favorability.

 

Technicals	CMP -92.74	Trend
1- Hour chart	Value
55 EMA	92.10	CMP>value	Bullish
200- EMA	92.60	CMP >value	Bullish
365- EMA	92.76	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	129
ADX	Neutral

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