NZD/JPY - 4 HRS CHART

PAIRS HOLDS 82.22 AND EXTENDS 5 WAVE UP...

NZD/JPY pair holds the 82.22 and along with that it confirmed that we're in 5 wave up. And now its somewhere near to completing the Wave 5. 4 hrs RSI foremd the Divergence in Overbought region and even MACD too, this itself gives the clear signal of the Wave 5 top is near. And then we expect the Corrective waves (A-B-C) for the 5 wave up. 85.12 is the very strong support indeed, a crack below 85.12 is the clear signal that Wave 5 is completed and it will head into te Corrective moves.

Here ae the 4 hrs Indicators Divergence