- Pattern Formed –Double Top
- Major resistance- 86.10 (Weekly Kijun-Sen)
- Major support – 84.50 (55 day 4H EMA)
- The pair has once again retreated after making a high of 85.68. It is currently trading around 85.32.
- Potential upside is limited by Weekly Kijun-Sen around 86.10 level. Any further bullishness can be seen only above 86.10 level. Any break above 86.10 will take the pair to next level 86.61/87.17.
- On the lower side major support is around 84.65 (55 day 4H EMA) and break below targets 84/83.70/83.25.
- Overall bearish invalidation only above 87.20 level.
It is good to sell on rallies around 85.35-40 with SL around 86.10 for the TP of 84.65/84/83.70


FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Major Pair levels and bias summary
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: EUR/AUD bears maintain upper hand
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: AUD/USD range bound ahead of RBA policy decision
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 



