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NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
Ichimoku analysis (Daily chart)
Tenken-Sen- 0.92311
Kijun-Sen- 0.92196
June month high– 0.92750
The pair continues to trade higher for a second consecutive week and breaks significant resistance 0.92320 (Jul 20th high). The U dollar index is holding above 93 levels, any breach above 93.20 confirms further bullishness. The US10-year yield recovered more than 20% from a multi-month low of 1.1270%. At the time of writing, USDCHF is hovering around 0.92359 up 0.21%. Markets eye US CPI data for further direction.
Trend- Bullish
The near-term support is around 0.92050, any breach below targets 0.9180/0.9150/0.91150. Bearish trend continuation only if it breaks 0.8925. On the higher side, immediate resistance is around 0.92380. Any convincing breach above will take to the next level 0.92750/0.93000.
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Indicator (Daily chart)
CAM indicator –Bullish
Directional movement index –Bullish
It is good to buy on dips around 0.9210 with SL around 0.9170 for TP of 0.9300.
