EURJPY holds above the 180 level on board-based yen selling. Intraday remains bullish as long as support 178.40 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 180.30, a breakout here could lead to targets at 180.69/181/183/185.
- Immediate Support: At 179.23, if breached, the pair could fall to 178.80/178.40/178/177.25/176/175.20/174.60/174/173.
Indicator Analysis (4-hour 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 179.68-70 with a stop loss at 178.80 for a TP of 183.


Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum 



