EURJPY showed a minor sell-off after hitting a multi-month high. Intraday trend is bullish as long as support 183 holds. The pair posted an intraday high of 183.46 and is now hovering at roughly 183.54.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and below 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 185,a breakout here could lead to targets at 186/187/188.69.
- Immediate Support: At 183.40, if breached, the pair could fall to 183/182.70/182.
Indicator Analysis (4-hour chart): - CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a neutral trend
Trading Recommendation:
It is good to buy on dips around 183.38-40 with a stop loss at 183 for a TP of 186/187.


FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: AUD/USD edges lower, but bullish outlook persists
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major) 



