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NZD/JPY intraday: as long as 86.92 is support look for 87.55


Our pivot point is at 86.92.

Our preference: as long as 86.92 is support look for 87.55.

Alternative scenario: below 86.92, expect 86.71 and 86.58.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (87.14) but above its 50 period moving average (86.99).

Supports and resistances:

87.79 **

87.67 *

87.55 **


87.12 last


86.92 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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