JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
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AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 
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Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: GBP/AUD edges higher but bulls lack punch 
- NZD/USD has paused its five-day winning streak and edged lower on the day as Kiwi tracks its Oz counterpart lower.
- New Zealand June house prices rose at their fastest pace of the year, however, Kiwi has largely ignored the upbeat data for now.
- RBA rate decision and the biweekly global dairy (GDT) auction in focus for further momentum.
- Our previous call (http://www.econotimes.com/FxWIrePro-NZD-USD-intraday-bias-higher-good-to-go-long-on-dips-230365) has achieved all targets.
- Break below 0.72 handle could drag the pair to 0.7151 (23.6% Fib (May 30 to June 24 rally). A break below 0.7151 could open the door for further correction lower.
- Techs on weeklies support upside in the pair, we see the corrective phase to be shallow.
- Support on the downside is seen at 0.7169 (5-DMA), 0.7163 (4H 20-SMA) and 0.7151 (23.6% Fib).
- On the upside, resistance is located at 0.7234 (session high), 0.7240 (July 4 high) and 0.7255 (June 23 high).
Recommendation: Go short on break below 0.72, SL: 0.7235, TP: 0.7151/ 0.71
