NZDJPY technical analysis.

NZDJPY - Daily

Market (21 above 55) is Bullish. Price (5 above 8) is bullish. Stochastic is overbought. Resistance levels at MR1/82.0, MM4/83.50 and MR2/84.50. Support levels at MM3/81.0, MPP/80.0 and MM2/78.50. Bulls has bought at the MM2 and the profit target is MM4.

NZDJPY - H4

Market (21 above 55) is Bullish. Price (5 above 8) is flat. Stochastic is overbought. Resistance levels at WR1/MR1/82.0, WM4/82.50 and WR2/83.0. Support levels at WMR/81.0/MM3, WPP/80.0/61.8 fib and WM2/79.50. Price has made a higher low and a higher high. I am waiting for price to retrace and find support before buying.

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