NZDJPY Technical Analysis: Weekly Chart
In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA.
RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 82.3887 & the resistance level is at 84.8264.
NZDJPY will trade in the up channel until there is trend reversal.
NZDJPY Technical Analysis: Daily Chart
In the daily charts, NZDJPY is trading in an up channel. NZDJPY is currently trading below 50 days SMA & above 20 and 100 days SMA.
RSI is in the overbought zone which indicates mild bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 82.8036 & the resistance level is at 84.1828.
NZDJPY will trade in the up channel until there is trend reversal.
How to Trade NZDJPY this Week:
NZDJPY will follow the uptrend until their trend reversal. So, remain bullish on NZDJPY.
