NZDJPY trades below the 86 level as yen gains momentum. Intraday trend remains bearish as long as the resistance at 86.75 holds. Hitting an intraday low of 85.79, it presently trades at about 85.948. As long as the resistance at 89.20 remains intact, the general bearish trend is still valid.
Technicals-
The pair is trading below the 55 EMA, 200 EMA, and 365 EMA in the 4-hour chart.
The near-term resistance is around 86.75, breach above targets 87/87.40/89.20/90. The immediate support is at 85.75, any violation below will drag the pair to 85.50/85.10/84.06.
Indicator (4 hour chart)
CCI (50)- Bearish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to sell on rallies around 86.28-30 with SL around 86.75 for TP of 85.


EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD hits one-month high, scope for further upside
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 



