Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro- Major European Indices 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: USD/ZAR bears maintain upper hand 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
Major support - 7377 (23.6% fib)
FTSE100 is in a consolidation phase for the past 5 days and is trading between 7468 and 7379. The index has formed a minor bottom around 7079 on Jun 3rd and jumped more than 5% on account of strong global markets and easing trade war tension. Markets major move can see only after Trump and Xi Jinping meeting in the G20 summit. It hits an intraday high of 7423 and is currently trading around 7418.
The near term major resistance is around 7468 high made on Jun 18th 2019 and any convincing break above targets 7500/7530.
On the flip side, major support is at 7377 (23.6% fib) and any violation below will take the index to next level 7345/7317 (20- day MA).
It is good to buy on dips around 7400 with SL around 7360 for the TP of 7500.
