NZD/JPY Facing EMA Resistance Below 90: Is a Bearish Continuation Underway? 
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AUD/JPY Pares Gains Below 55 EMA: Is a Bearish Retreat Toward 108.00 Underway? 
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- Major resistance- 95.20 (Apr 14th 2016)
- Major support – 94.10 (21 day MA)
- US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June.
- Fed fund futures shows that investors also pushed the odds of June rate hike to 34% sharply for 4% this week.
- DXY breach of 95.19 confirms minor trend reversal .Break above 95.20 will take the index till 95.85/96.40.
- On the lower side minor support 94.70 (4H Kijun-Sen) and any break below targets 94.10 (21 day MA)/93.60.
It is good to buy at dips around 94.70 with SL around 95.85/96.40.
