NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
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NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
- Sterling climbed towards a recent two-week high against the struggling dollar on Monday, gaining from day's lows by 1.5307
- The pair is currently trading at 1.5361, not far from a two-week high of 1.5382 struck on Friday, where gains in the pair were capped
- Major resistance is located at 1.5382 (Daily High Oct 9) and support on the downside is seen at 1.5315 (Session Low Oct 12)
- UK inflation & earnings data this week will be in focus, CPI (due Tuesday 0830GMT) Zero f/c for Sept, ILO jobless rate f/c 5.5%, Claimant count f/c -2.1k
- Breaks above 1.5390 could buoy bulls and momentum to carry on till 1.5448 levels (61.8% Fibo 1.5659-1.5107)
Resistance Levels:
R1: 1.5382 (Daily High Oct 9)
R2: 1.5383 (Kijun-Sen)
R3: 1.5400 (Psychological Level)
Support Levels:
S1: 1.5315 (Session Low Oct 12)
S2: 1.5301 (Daily Low Oct 9)
S3: 1.5261 (Daily Low Oct 8)
