Intraday trend – Bearish
Major intraday support– 1.1100
The pair continues to trade weak and hits a fresh new low onboard based US dollar buying. The war between Russia and Ukraine has increased the demand for safe-haven assets. The jump in US treasury yield also supports the US dollar. Markets ISM services index and Jobless claims for further direction. It hits an intraday low of 1.10720 and is currently trading around 1.10828.
Technical-
Any breach below 1.1100 confirms intraday bearishness. A dip to 1.080/1.0720 is possible.
The immediate resistance to be watched is 1.1150; any violation above will take the pair to 1.1200/1.1265/1.1300/1.1400.
Indicators (4-hour)
Directional movement index –Bearish
CCI (50) – Bearish
It is good to sell on rallies around 1.1150 with SL around 1.120 for a TP of 1.08/1.0635.


NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 



