NZDJPY - Bullish for the week of Dec 12 to 16 , 2016

Bullish for the week of Dec 12 to 16, 2016 even though stochastic is in the oversold territory in both Daily and Weekly time frames.
Reason : Candles are above the 50 SMA in both the time frames.
Good for another 100 to 150 odd pips.