- EUR/JPY is extending decline, sees strong trendline resistance at 126.20.
- Some rumors of a possible BOJ's intervention, lead to a slide in the Japanese currency by the end of the week.
- We see a Doji formation in the pair in the Asian session, breaks below 125.50 could resume weakness.
- Liquidity today much thinner than usual due to the Japanese bank holiday of Vernal equinox day.
- On the upside, resistances are seen at 125.75 (10-DMA), then 125.84 (5-DMA) and 126.20 (falling trendline).
- On the flipside, supports are located at 125.26 (Mar 18th lows), 125.09 (Mar 15th lows) and 124.75 (trendline).
- Our short call on the pair (http://www.econotimes.com/FxWirePro-EUR-JPY-rejected-at-12662-strong-trendline-resistance-good-to-sell-rallies-180266) is progressing.
Recommend holding for targets.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
FxWirePro: USD/ZAR cedes early gains ,outlook bearish
Fade the Rally: EUR/JPY Short Opportunity Near 180.80
FxWirePro: GBP/NZD sustains gains as uptrend remains strong
NZDJPY Plunges Below 90 Amidst Broad New Zealand Dollar Weakness; Resistance at 90.80 Key for Downside Continuation
AUDJPY Tumbles Below 111 on Widespread Australian Dollar Weakness; Key Resistance at 112 Holds Firm
GBP/JPY Pullback Deepens: Sell-on-Rallies Strategy Targets 207.00 Support
FxWirePro: NZD/USD remains soft as US bond bloodbath dominates
FxWirePro: AUD/USD pressured by rising treasury yields, risk-off mood
FxWirePro: EUR/AUD firms slightly, but outlook remains bearish
FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely
FxWirePro: USD/CAD hits two month high as Canadian as retail sales post monthly decline
ETHUSD Surges Past $2700 on Strong Institutional Demand, Technicals Show Bullish Crossover Despite Cooling ETF Inflow Momentum
Sell the Rally: Gold Eyeing $4,000 as Dollar Strength Takes Control
USD/CHF Bulls Eye 0.8400 Breakout as Broad Dollar Demand Drives 100-Pip Surge 



