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FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
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EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
Trading on NZDJPY at more than 93 as yen momentum slows. Currently trading at 93.34, it reached its intraday high of 93.417. Intraday trend is positive provided the 91.80 support stays intact.
|
Technicals |
CMP -93.33 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.02 |
CMP >value |
Bullish |
|
200- EMA |
93.05 |
CMP >value |
Bullish |
|
365- EMA |
93 |
CMP> value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
123.85 |
|
ADX |
Bullish |
Strength increased from 17.33 to 18.76 |
It is good to buy on dips around 92.48-50 with SL around 91.80 for a TP of 94.
