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FxWirePro:NZD/USD continues to recovers , upside pressure builds 
- AUD/JPY was rejected by strong falling trendline resistance on 29th Jan, 1st and 2nd Feb trades.
- We expect retrace to 81.95 levels which is 61.8% Fib retrace of 79.21 to 86.36 rally.
- Hanging man formation evidenced on the uptrend (79.21 to 86.36) on Feb 1st when price action tested falling trendline resistance.
- Techs support further downside, Stochs on daily charts show bearish crossover from overbought levels and RSI has turned lower from near 60 levels.
- Next immediate support on the downside is seen at 83.63 levels (38.2% Fib retrace of 79.21 to 86.36 rally), while resistance lies at 84.68 (23.6% Fib retrace of 79.21 to 86.36 rally).
Recommendation: Good to sell rallies around 84, SL: 84.90, TP: 83/82.85/81.95
