EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro- Major European Indices 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
EURJPY has formed a double bottom around 169.70-80 and showed a minor pullback on a strong Euro. It hits an intraday high of 171.46 and is currently trading at approximately 171.21. Intraday outlook remains bullish as long as support 169.80 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 15-min chart.
- Near-Term Resistance: Around 171.50, a breakout here could lead to targets at 172/172.40/173.
- Immediate Support: At 170.80 if breached, the pair could fall to 169.70/169/168.70/168.45/168.
Indicator Analysis 15-min chart): - CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 170.80 with stop loss at 169.70 for a TP of 173
