FxWirePro: AUD/USD softens slightly as market focus on U.S.-China meeting 
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting 
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FxWirePro: GBP/USD slide extends as UK political tumult intensifies 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
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FxWirePro: EUR/ NZD dips towards 1.9700 level ,scope for further downside 
FxWirePro: GBP/AUD slips lower amid heightened UK political uncertainty 
FxWirePro: USD/JPY holds firm but remains capped below 158.00 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
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- 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
