EURJPY lost its shine on the strong yen. Intraday remains bearish as long as the resistance at 177.25 holds.
Technical Analysis:
The EUR/JPY pair is trading below above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 177.30, a breakout here could lead to targets at 178/178.80/179/180/183.
- Immediate Support: At 176.40 if breached, the pair could fall to 175.70/175.20/174.60/174/173.
Indicator Analysis (4-hour chart): - CCI (50): Bearish
- Average Directional Movement Index: Bearish
Overall, the indicators suggest a bearish trend
Trading Recommendation:
It is good to sell on rallies around 176.88-90 with stop loss at 177.50 for a TP of 175.


FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major US Indices 



