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FxWirePro- Major European Indices 
NZDJPY showed a minor pullback after a fake breakout below the 92 level. It hits an intraday low of 91.96 and is currently trading around 92.482. Intraday trend is weak as long resistance 93 resistance holds.
|
Technicals |
CMP -92.485 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.36 |
CMP> value |
Bullish |
|
200- EMA |
92.56 |
CMP < value |
Bearish |
|
365- EMA |
92.675 |
CMP <value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
49.23 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 92.48-50 with SL around 93.10 for a TP of 91.05/90.
