- EUR/JPY is extending range trade for a second consecutive day, with day's highs at 122.79 and lows at 122.46.
- Pair remains capped below 5&10 DMAs, momentum studies are bearish.
- Strong support lies at 122.45 (Double bottom Feb 24th and 29th). Break below will see test of 122 levels.
- On the upside break above 123 will see bearish invalidation, test of next resistance at 124 then likely.
- Yen back on the bids after BoJ's Kuroda for the first time ever spoke on rolling back the ongoing accommodative monetary policy regime.
- We had advised a short (http://www.econotimes.com/FxWirePro-EUR-JPY-trades-a-narrow-20-pip-range-in-the-Asian-session-double-bottom-at-12245-offers-strong-support-211947).
Recommend holding for targets.


AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD bears maintain upper hand
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 



