Many analysis are considering NZD as the strongest currency for now compare with JPY for example.
Anyway, as we see from the chart above - NZD/USD is on bearish condition for far below 100 SMA/200 SMA reversal area, and it seems the bearish trend will be continuing for breaking 0.6427 support level of bearish triangle pattern with 0.6102 level as the next bearish target.
The USD/JPY pair is on bullish condition for the ranging since the December last year within 125.85 resistance and 116.13 level. The price may break intermediate resistance at 123.78 from below to above with 125.85 as the next bullish target, but this target is unlikely to be broken in the near furure for example: the price will be continuing with the ranging or the secondary correction may be started in the beginning of 2016.
Thus, we should look closer on NZD/JPY as this pair may be the most interesting for the traders soon: the price is located within the ranging area of 100 SMA/200 SMA between 82.67 resistance and 77.19 support. And it is very likely for the price to break one of those levels in the near future to select the direction of the trend - mostly with the bullish condition to be started.
The Strategy: watch the price to break 82.67 resistance level on close bar for possible open buy trade.
