NZD/JPY may rise 44 - 64 pips.

NZD/JPY may rise 44 - 64 pips.

Our pivot point is at 91.89.

Our preference : The upside prevails as long as 91.89 is support Alternative scenario Below 91.89, expect 91.57 and 91.38.

Comment : The RSI is above its neutrality area at 50.

The MACD is above its signal line and positive.

The configuration is positive.

Moreover, the price is above its 20 and 50 period moving average (respectively at 92.16 and 92.07).