- Our AUD/JPY short call (link below) has reached targets. We see further downside for the pair.
- Major trendline support at 88.40 has been breached, the pair is now set to test 87.38 (38.2% Fib of 81.97 to 90.72 rise).
- MACD on dailies has slipped below zero, daily Stochs and RSI are also biased lower, while Stochs on weeklies shows bearish crossover from overbought levels.
- Immediate resistance is seen at 88.58 (21 DMA) and then at 88.67 (23.6% Fib of 81.97 to 90.72 rise), while supports are located at 88.77 (Nov 19 low) and further below at 87.38 ((38.2% Fib of 81.97 to 90.72 rise).
Recommendation: Good to sell rallies around 88.40, SL: 89.00, TP: 87.40


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 



