NZD/JPY Short Term Outlook
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.
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.