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FxWirePro- Woodies Pivot(Major) 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
BNB/USD is consolidating in a narrow range after a massive jump of more than $350 in the past three months. It hits a high of $861 and is currently trading around $758.20.
Short-term trend remains bullish as long as the support $698 holds. It trades below the 55 and 34, above the 200 and 365 EMA on the 1-hour chart. Near-term support is around $729; any close below targets $700/$670/$650/$644/$628/$598. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $780.Any breakout above this resistance confirms bullish momentum and a jump towards $800/$820/$830/$862/$900/$1000.
Indicators ( 4-hour Chart)
Directional Movement Index: Neutral
CCI (50): Bearish
Trading Strategy
It is good to buy on dips around $700 with a stop-loss set at $600 and a target price of $1000.
