NZDJPY showed a nice gap up as the yen lost its shine due to political uncertainty. Intraday trend remains bullish as long as support 86.60 holds. It hit an intraday high of 87.45 and is currently trading around 87.375. The overall bearish trend is intact as long as the resistance at 89.20 holds.
Technicals-
The pair is trading above 55 EMA, 200-EMA, and 365 EMA on the 4-hour chart.
The near-term resistance is around 87.90, breach above targets 89.20/90. The immediate support is at 86.80; any violation below will drag the pair to 86.50/86/85.50/85.10/84.06.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 87.18-20 with SL around 86.75 for TP of 89.20/90.


FxWirePro: NZD/USD trades in narrow range ,outlook bullish
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
Gold Loses Steam After Strong U.S. Retail Sales
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 



