NZD/JPY Rising: Bullish Opportunities Amid Yen Weakness
NZDJPY gained momentum on weak yen. Intraday trend remains bullish as long as the support at 86 holds. It hit an intraday high of 86.60 and is currently trading around 86.57. The 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 365 EMA in the 15-min chart.
The near-term resistance is around 86.65, breach above targets 87/87.70/89.05. 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 buy on dips around 86.48-50 with SL around 86 for TP of 88.


FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro: USD/JPY hovers near 160, outlook bullish
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold?
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 



