Harmonic pattern- Bearish AB=CD pattern
Potential Reversal Zone(PRZ)- 91.45-50
Bearish Divergence- CCI (50) due to profit booking. The intraday trend remains bearish as long as the resistance level at 92 persists. The pair reached an intraday high of 91.03; it presently trades around 90.702.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 90.76
EMA (4-hour chart)
55-EMA- 88.67
200-EMA- 87.79
365-EMA- 87.95. The pair trades above the short (55 EMA) and long-term moving average(200 and 365).
Major support- 90.45. Any breach below will drag the pair down to 90/89.70/89.20/88.70/88.40/87.99.
Major resistance - 91.50. Any break above 91.50 confirms minor bullishness, a jump to 92/93.
Indicator (4-hour chart)
CCI (50)- bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to sell on rallies around 91.38-40 with SL around 92 for TP of 89.20.


FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro- Major Crypto levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major European Indices
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 



