NZD/JPY may rise 64 - 95 pips

Our pivot point is at 90.91.

Our preference

Rebound towards 92.27.

Alternative scenario

The downside breakout of 90.91 would call for 90.40 and 90.10.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 91.37 and 91.52).

Supports and resistances

92.87 **

92.57 *

92.27 **

91.96

91.32 last

91.11

90.91 **

90.40 *

90.10 **

Number of asterisks represents the strength of support and resistance levels.