26 Jun 2014
NZD/JPY boosted through the 89 handle
FXStreet (Guatemala) - NZD/JPY is trading at 89.16, up 0.19% on the day, having posted a daily high at 89.26 and low at 88.85.
NZD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is still slightly bullish. The pair has risen with traders buying up the NZD of which its overnight gains vs the greenback have been extended here in Asia. RSI is in neutral territory at 70.42, down from its last hourly close at 71.78. Looking to a daily chart, we see that there should be strong resistance here ahead of the years highs while the RSI however is still in neutral territory at 66.01.
NZD/JPY Levels
Spot is presently trading at 89.17, and next resistance can be seen at 89.26 (Daily High), 89.28 (Daily Classic R1), 89.54 (Weekly Classic R2), 89.54 (Daily Classic R2) and 89.60 (Annual High). Support below can be found at 89.16 (Weekly Classic R1), 89.04 (Yesterday's High), 89.01 (Daily Open), (Monthly High) and (Weekly High).
NZD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is still slightly bullish. The pair has risen with traders buying up the NZD of which its overnight gains vs the greenback have been extended here in Asia. RSI is in neutral territory at 70.42, down from its last hourly close at 71.78. Looking to a daily chart, we see that there should be strong resistance here ahead of the years highs while the RSI however is still in neutral territory at 66.01.
NZD/JPY Levels
Spot is presently trading at 89.17, and next resistance can be seen at 89.26 (Daily High), 89.28 (Daily Classic R1), 89.54 (Weekly Classic R2), 89.54 (Daily Classic R2) and 89.60 (Annual High). Support below can be found at 89.16 (Weekly Classic R1), 89.04 (Yesterday's High), 89.01 (Daily Open), (Monthly High) and (Weekly High).