- USD/JPY slips below 117 handle, intraday bias lower.
- Technical studies have turned bearish:
- RSI and Stochs have rolled over from overbought zone.
- MACD has shown a bearish crossover on signal line.
- We see scope for test of 20-DMA at 116.16. Break below could see further drag upto 114.75.
- Support levels - 116.55 (session low), 116.15 (20-DMA), 116
- Resistance levels - 117, 117.12 (5-DMA), 117.25 (session high), 117.81 (Dec 28 high)
Recommendation: Good to go short on rallies around 117, SL: 117.50, TP: 116.55/ 116.15/ 116


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 



