NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 
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Following a little drop below the 365 4H EMA, NZDJPY rebounded quickly. The intraday trend is up as long as support 90 lasts. The pair falls to 90.62; now trades around 91.23.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 91.23
EMA (4-hour chart)
55-EMA- 90.91
200-EMA- 90.07
365-EMA- 89.51. The pair trades above the short (55 EMA) and above the long-term moving average(200 and 365).
Major support- 90.45. Any breach below will drag the pair down to 89.70/89.20/88.70/88.40/87.99.
Major resistance - 91.50. Any break above 91.50 confirms minor bullishness, a jump to 91.80/92/93/93.67/95.
Indicator (4- hour chart)
CCI (50)- bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to buy on dips around 91.10 with SL around 90.45 for the TP of 92/92.25/93.
