Nzd/Jpy

Nzdjpy posted a high around 86.30 which was last seen three years ago ,two week ago market has placed a bottom at 77.80 and it rally 900 points around it took some profit taking on friday and dropped almost 200 points i think 83.60 is very good to enter your long position and target 88.80 area.

NZD/JPY Technical analyse

Resistance lever 1 > 74.84
Resistance lever 2 > 75.17
Resistance lever 3 > 75.26

Support lever 1 > 74.75
Support lever 2 > 74.52
Support lever 3 > 74.40

Current price of nzd/jpy is 75.19
By observing all the routine of the market carefully,now i say this pair is in selling trend,most profitable points will be as under
sell 75.12
tp 74.20
sl 76.30
good luck

NZDJPY is approaching its resistance at 75.44 Fibonacci extension, 38.2% Fibonacci retracement horizontal pullback resistance) where it could reverse down to its support at 74.92


1 Resistance level 75.801
2 Resistance level 75.710
3 Resistance level 75.231

1 Supporting level 74.819
2 Supporting level 74.655
3 Supporting level 74.327

NZD...JPY
technical analysis nzd/jpy
this is a sensitive price rate
the price nzd/jpy buying point is 74.176 and the selling point 74.158

NZD/JPY

Resistance and Supporting

Resistance 1 - 74.27
Resistance 2 - 74.45
Resistance 3 - 74.30

Supporting 1 - 73.56
Supporting 2 - 72.43
Supporting 3 - 73.34

the trading now above the level of 61.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 61.75 and then 62.00 and that's before bouncing from the resistance levels

My own analysis For this pair NZD/JPY

Pivot Point is 75.24

Support 1 75.18

Support 2 75.13

Support 3 75.07

Resistance 1 75.29

Resistance 2 75.35

Resistance 3 75.39


Trade at your own risk

nzd/jpy Resistance & Support

Resistance
1-Resistance 75.67
2-Resistance 75.75
3-Resistance 75.84
Support
1-Support 74.41
2-Support 74.30
3-Support 74.26

I am Going to share my analysis of Nzd/Jpy

Resistance and Supporting levels:

Resistance is:76.35
Resistance is: 76.25
Resistance is: 76.35

Support is: 75.85
Support is:75.65
Support is:75.45