- 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.
The material has been provided by InstaForex Company – www.instaforex.com