NZD/JPY Technical Analysis: Supported at the 61.8% Fibo, eyes on 72.20 recent lows

• NZD/JPY is supported at the 61.8% Fibo, but stuck below the cloud resistance with mounting pressures.
• On the upside, 8th May swing lows at 72.32 and recent highs cap the pair (cloud resistance).
• A break of trend support opens the case for 72.20, 9th May lows.

Hourly chart