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16 Aug 2013
NZD/JPY balanced around 78.80
FXstreet.com (Barcelona) - The NZD/JPY foreign exchange cross rate is last quoted at 78.79 bids, near yesterday's quotes at same point of the Asian session, balanced on similar Yen and Kiwi strength following a volatile day overall.
NZD/JPY capped below 79 thus far
The NZD/JPY cross is still last up +1.84% for the week so far, off recent session lows at 78.35 on the back of stronger Kiwi and softer Yen, while retracing from early NY session fresh 2-week highs at 79.52 printed right after US CPI and jobs data were released.
NZD/JPY key technical levels
Immediate support to the downside for NZD/JPY lies at current levels as August 02 highs 78.80, followed by recent session lows at 78.32, and Wednesday's lows at 78.09. To the upside, closest resistance shows at recent session highs/July 22 lows 78.96, followed by July 24 lows at 79.18, and overnight's fresh 2-week highs at 79.52.
NZD/JPY capped below 79 thus far
The NZD/JPY cross is still last up +1.84% for the week so far, off recent session lows at 78.35 on the back of stronger Kiwi and softer Yen, while retracing from early NY session fresh 2-week highs at 79.52 printed right after US CPI and jobs data were released.
NZD/JPY key technical levels
Immediate support to the downside for NZD/JPY lies at current levels as August 02 highs 78.80, followed by recent session lows at 78.32, and Wednesday's lows at 78.09. To the upside, closest resistance shows at recent session highs/July 22 lows 78.96, followed by July 24 lows at 79.18, and overnight's fresh 2-week highs at 79.52.