FxWirePro- Woodies Pivot (Major) 
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FxWirePro- Woodies Pivot (Major) 
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For the previous two weeks, NZDJPY has moved in a constrained range between 91.96 and 94.18. Hit an intraday low of 92.34; now trading about 92.43. If the 91.80 support holds, the trend is currently upward.
|
Technicals |
CMP -92.43 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.60 |
CMP<value |
Bearish |
|
200- EMA |
92.83 |
CMP <value |
Bearish |
|
365- EMA |
92.93 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-85.86 |
|
ADX |
Neutral |
|
It is good to buy on dips around 92.48-50 with SL around 91.80 for a TP of 94.18.
