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SUMMARY :
The primary trend of NZD/JPY is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 91.20. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of 90.60/90.05 in today's session.
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NZD/JPY
( Hourly ) :
$NZDJPY CHARTS |
STRATEGY :
NZD/JPY is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
PIVOT POINTS :
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S3
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S2
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S1
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PIVOT
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R1
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R2
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R3
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EUR/USD |
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USD/JPY |
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USD/CHF |
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AUD/USD |
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EUR/GBP |
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USD/CAD |
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NZD/USD |
0.7780
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