AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: GBP/AUD bears maintain upper hand 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
• EUR /NZD strengthened on Wednesday as the pair was boosted by comments from a host of ECB central bank leaders.
• The market continues to price in most of two additional 25bp ECB hikes before a subtle shift toward cuts in 2024.
• The pair hit daily high at 1.8011 and was last trading at 1.7937.
• Technical signals indicate bullish momentum, as RSI is at 68, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.8011(Daily high), any close above will push the pair towards 1.8100 (23.6% fib).
• Immediate support is seen at 1.7854 (38.2% fib) and break below could take the pair towards 1.7553 (5DMA).
Recommendation: Good to buy on dips around 1.7960, with stop loss of 1.7860 and target price of 1.8070.
