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.
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.