FxWirePro
Short

NZD/JPY breaks major support 89,decline till 87.10 is possible

FX:NZDJPY   New Zealand Dollar / Japanese Yen
77 0 1
NZD/JPY has declined till 88.75 and currently trading around 89.10. Short term trend is bearish as long as resistance 89.75 holds.

On the downside minor support is around 88.70 and any break below will drag the pair further down till 88.21/87.10.

The pair is facing resistance around 89.75(20 day HMA ) and any indicative break above would extend gains till 91.20/91.55.

Indicator (1 hour chart)

CCI (50) - Sell

CCI (14) – Buy

Ichimoku- Sell

It is good to sell on rallies around 89.20 with stop around 89.80 for the target of 88.25/87.10.






English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out