- EUR/JPY spiked above last month's resistance at 125.00 post ECB meeting yesterday.
- The pair has also broken above 126 resistance and we see scope for upside till 128 levels.
- Extremely volatility seen post ECB event, where EUR initially plunged after the central bank aggressively unveiled more stimulus.
- Draghi's presser triggered a quick reversal rally as markets repriced forward outlook on interest rate differentials, after Draghi's announcements in the presser.
- Draghi stated that the ECB cannot cut rates as low as they want and squashed expectations over negative interest rates policy.
- BoJ meeting next week is expected to be a non-event, the central bank is likely to stay pat.
- Technicals for the pair are bullish, momentum is higher, we see scope for test of 129 levels.
- Bullish invalidation only below 123 levels.
Recommendation: Good to buy dips around 126.40, SL: 125.30, TP: 127.40/128


FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level
FxWirePro: NZD/USD pulls back from 6-month high
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce
FxWirePro: USD/CAD claws back some ground, but downtrend remains intact
GBPJPY Roars Back 100 Pips — Bulls in Charge Above 210
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro- Major Crypto levels and bias summary
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout
Major European Indices
AUDJPY Bounces Back: Strategic Buy at 107 Targets 110
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip
NZDJPY Bulls Eye 95: Why Buying the Dip is the Strategic Play
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD eases from 3-year high , bias bullish 



