#NZDJPY @ 87.5770 The advanced above the 100-day SMA, closing at 87.60.
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- The NZD/JPY advanced above the 100-day SMA, closing at 87.60.
The pair currently trades last at 87.5770.
The previous day high was 87.67 while the previous day low was 87.1. The daily 38.2% Fib levels comes at 87.45, expected to provide support. Similarly, the daily 61.8% fib level is at 87.32, expected to provide support.
In Tuesday’s session, the NZD/JPY gained some reactions and closed just above the 100-day Simple Moving Average (SMA) at 87.60.
Observing the daily chart, the pair displays a bearish technical outlook for the short term as the bears gained significant momentum and asserted their presence in the latest session. However, the cross lost more than 1% last week, and the pair may consolidate those losses in the next sessions. In the meantime, the Relative Strength Index (RSI) shows a flat slope in the negative territory, while the Moving Average Convergence (MACD) histogram lays out lower red bars.
If the bears push the cross back below the 100-day Simple Moving Average (SMA), they may target multi-month lows around 85.80. On the other hand, the pair may trade sideways to consolidate the recent downward movements.
Support levels: 87.58 (100-day SMA), 87.13, 86.50.
Resistance levels: 87.80, 88.30, 88.50.
Technical Levels: Supports and Resistances
NZDJPY currently trading at 87.6 at the time of writing. Pair opened at 87.51 and is trading with a change of 0.1 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 87.60 |
| 1 | Today Daily Change | 0.09 |
| 2 | Today Daily Change % | 0.10 |
| 3 | Today daily open | 87.51 |
The pair is trading below its 20 Daily moving average @ 88.61, below its 50 Daily moving average @ 87.65 , above its 100 Daily moving average @ 87.52 and above its 200 Daily moving average @ 85.63
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 88.61 |
| 1 | Daily SMA50 | 87.65 |
| 2 | Daily SMA100 | 87.52 |
| 3 | Daily SMA200 | 85.63 |
The previous day high was 87.67 while the previous day low was 87.1. The daily 38.2% Fib levels comes at 87.45, expected to provide support. Similarly, the daily 61.8% fib level is at 87.32, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 87.18, 86.85, 86.6
- Pivot resistance is noted at 87.76, 88.0, 88.33
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 87.67 |
| Previous Daily Low | 87.10 |
| Previous Weekly High | 88.70 |
| Previous Weekly Low | 87.12 |
| Previous Monthly High | 90.21 |
| Previous Monthly Low | 86.30 |
| Daily Fibonacci 38.2% | 87.45 |
| Daily Fibonacci 61.8% | 87.32 |
| Daily Pivot Point S1 | 87.18 |
| Daily Pivot Point S2 | 86.85 |
| Daily Pivot Point S3 | 86.60 |
| Daily Pivot Point R1 | 87.76 |
| Daily Pivot Point R2 | 88.00 |
| Daily Pivot Point R3 | 88.33 |
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