NZD/JPY PRICE ANALYSIS: The torque is stabilized with a bullish tone before the Asian session

• The NZD/JPY quotes near Zone 87.50, maintaining a bullish tone.
• The impulse remains positive, backed by short -term averages.
• The key support is around 86.90, with resistance about 87.95.

The NZD/JPY torque has seen a strong rise thrust, quoting near zone 87.50 with profits of around 0.80% before the Asian session on Tuesday. The torque is positioned in the average range within its recent fluctuation, reflecting a constant bullish tone while traders evaluate the feeling of broader risk. The key technical indicators are pointing out a mixed but generally positive impulse, adding to the feeling of general purchase.

Technically, the torque shows a bullish perspective, backed by the indicator of convergence/divergence of mobile socks (MACD), which confirms the ascending impulse, and the relative force index (RSI), which remains in the 60s, reflecting neutral but slightly favorable conditions. Meanwhile, the stochastic %K (14, 3, 3) remains in the 80s, also insinuating a neutral bias, while the raw material channel index (CCI) around 190 and the ultimate oscillator (7, 14, 28) in the 50 add greater stability to the position of the torque.

In terms of mobile socks, the simple mobile average (SMA) of 10 days in the short term and the 10 -day exponential (EMA) mobile average are aligned with the broader purchase signal, reinforcing the positive tone observed in the Smas of 20 days and 100 days. However, the 200 -day SMA in the long term presents a contrasting signal, suggesting precaution in the medium term.

The immediate support is identified around 86.90, followed by deeper levels at 86.23 and 86.15. On the positive side, the resistance is probably about 87.64, with a stronger barrier about 87.96, which could limit additional short -term profits.

Daily graph