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GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight

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AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85

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NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support

GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206

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Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45

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NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

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NZD/USD shorts tightened after RBNZ on hold

Thursday, March 12, 2015 9:17 AM UTC

0.7408 = six-day high for NZD/USD after more shorts covered
Short-covering encouraged by neutral tone from RBNZ
NZD/USD retreated to 0.7191 into 2000GMT RBNZ statement
0.7191 was Wednesday's 5week low (0.7611 = Mar 4 high)
0.7422 (Feb 24 low) & 0.7454 (Mar 5 low) resistance beyond 0.7408

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NZD/USD shorts tightened after RBNZ on hold

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