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NZDJPY Under Pressure: Kiwi Sell-Off Drags Pair Toward Critical Support

 

NZDJPY lost its shine on board-based New Zealand dollar selling. With a current price of 92.58, it approached its intraday low of 92.12. If the 91.80 support stays, the trend during the day is up.

 

Technicals

CMP -92.436

Trend

1- Hour chart

Value

 

 

55 EMA

92.815

CMP< value

Bullish

200- EMA

92.97

CMP <value

Bearish

365- EMA

93.03

CMP< value

Bearish

 

Momentum indicator

Inference

Value

CCI(50)

Bearish

-100.11

ADX

Bearish

Strength increased from 12 to 14.92

 

It is good to sell on rallies around 92.98-93  with SL around 94.18 for a TP of 90.

 

 

 

 

 

 

 

 

 

 

 

 

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