- NZD/JPY extends range trade between 100 and 200 day moving averages.
- The pair finds stiff resistance on the upside and is currently struggling to extend gains above 79 handle.
- 200-DMA at 78.25 is strong support on the downside, break below will see minor weakness.
- Stochs are at overbought levels and RSI is showing a turn lower.
- Japan’s labor cash earnings were reported at a four-month high, thus strengthening bid tone around the Yen.
- Trend is higher, major long-term reversal only on break below 77.56 (weekly 100-SMA).
Support levels - 78.25 (200-DMA), 78.20 (20-DMA), 78
Resistance levels - 78.66 (5-DMA), 79 (trendline), 79.47 (Upper BB)
Recommendation: Wait for clear directional bias.
FxWirePro Currency Strength Index: FxWirePro's Hourly NZD Spot Index was at 91.5837 (Bullish), while Hourly JPY Spot Index was at 143.418 (Bullish) at 0730 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD slips lower after soft US jobs report
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 



