NZD/JPY Short Term Outlook

FX:NZDJPY   New Zealand Dollar / Japanese Yen
120 0 3
NZD/JPY has broken major support 88.40 (200 day 4 HMA ) and currently trading around 87.85. This confirms the continuation of bear trend and reach till 86.75 ( 61.8% retracement of 84.05 and 91.07) cannot be ruled out.

On the upside minor resistance is around 88.50 (Support turned into resistance) and any break could pave way for next target 89/89.50.

The pair’s minor support is around 87.50 and break below will target 86.75.

Indicators (4 hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell

Recommendation: Sell NZD/JPY around 87.95, SL 88.50, Target 86.80.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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