EURJPY trades flat with positive bias. It hits an intraday high of 174.87 and is currently trading at approximately 174.549. The intraday outlook remains bullish as long as support at 173.78 holds.
Technical Analysis:
The EUR/JPY pair is trading above the 55 EMA, 200 EMA, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 175,a breakout here could lead to targets at 176/176.80.
- Immediate Support: At 173.78, if breached, the pair could fall to 173.45/173/172.50-/171.80/170.80/169.70/169/168.70/168.45/168.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a Bullish trend
Trading Recommendation:
It is good to buy on dips around 174.28-30 with a stop loss at 173.78 for a TP of 176.


FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: GBP/AUD edges lower after Fed 25Bp hike, focus shifts to Thursday BoE
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as Yuan firms on PBOC firmer fixing
FxWirePro- Woodies Pivot (Major)
Technicals Over Tightening: Ethereum Rebounds from $2,356 Low After Fed Shock
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: NZD/USD gains on GDP beat,but downside trend holds
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY dips as yen firms ahead of expected BoJ rate hike
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
Major Pair Currency Score: EURUSD and GBPUSD Extremely Bearish, USDCAD and USDCHF Extremely Bullish 



