FxWirePro
Long

NZD/JPY on track to test 200-DMA, long dips

FX:NZDJPY   New Zealand Dollar/Japanese Yen
88 0 3
NZD/JPY breaks major resistance 100-DMA 74.01 and 20-DMA at 74.16, intraday bias higher.

Technicals on daily charts support upside, pair on track to test 200-DMA at 75.04.

RSI & stochs are biased higher, bullish MACD line crossover on signal line seen.

Major support levels - 74.16 (20-DMA), 100-DMA (74.01), 73.86 (session low)

Major resistance levels - 75.04 (200-DMA), 75.30 ( trendline ), 76

Good to go long on dips around 74.20/30, SL: 73.85, TP: 75/ 75.30

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