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Short

NZD/JPY Short Term Outlook

FX:NZDJPY   New Zealand Dollar / Japanese Yen
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NZD/JPY is trading near 200 day 4HMA (89.60) and any break below will confirm weakness decline till 88.20 cannot be ruled out.

On the upside minor resistance is around 90.80 and any break above will take the pair to next target 91.80/93.

Indicators (4 Hour chart)

CCI (50) - Sell

CCI (14) - Sell

CCI (14)-Sell

Recommendation: Sell NZD/JPY around 90,SL 90.81, Targets 89/88.25.
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