• 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