- Major resistance – 134.40 (7 day EMA).
- The pair has declined sharply from the high of 134.02 yesterday. It is currently trading around 133.11.
- In the hourly chart, GBP/JP Y is trading slightly well below Tenkan-Sen (133.25) and Kijun-Sen (133.45).
- On the higher side, the pair should break above 134.40 for further bullishness. Any break above 134.40 will take the pair till 135.25/135.50/136.25.
- It must break above 140 for a short-term trend reversal. The support is around 132.20 (Aug 6th low) and the break below will drag the pair till 131.60/130.
It is good to sell on rallies around 133.20-30 with SL around 134.40 for the TP of 132.20/130


FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major European Indices 



