NZD/JPY Short term outlook

FX:NZDJPY   New Zealand Dollar / Japanese Yen
68 0
NZD/JPY made a high of 90.64 after making a low of 88.73. Short term trend is bullish as long as support 89.80 holds.

On the upside minor resistance is around 90.67 ( 61.8% retracement of 91.88 and 88.73) and any break above will take the pair to next target 91.88.

Minor support is around 90.25.

Indicators (4 Hour chart)

CCI (50) - Buy

CCI (14) - Buy

CCI (14)- Buy

Recommendation: Buy NZD/JPY around 90.80, SL 90.25, Target 91.88.
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