FxWirePro
Long

NZD/JPY Intra day Trade Idea

FX:NZDJPY   New Zealand Dollar/Japanese Yen
84 2 0
Intraday Trend - Bullish

NZD/JPY is facing strong resistance around 88.30 and any break above will take the pair to 88.76/89.30 in short term.
In 15 minutes chart NZD/JPY is trading well above short term 34 and 55 EMA ) and long term moving average (100 and 200 day MA).

The pair's minor support is around 87.80 and any intraday trend reversal only below 87.80 will target 87.50/87.30.

Indicators (15 Minr chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy
Recommendation: Buy NZD/JPY around 88.10, SL 87.79, Targets 88.75/89.20
SL hit
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