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FxWirePro- Woodies pivot (Major) 
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support 
- XAG/USD is currently trading around $16.80 marks.
- It made intraday high at $16.89 and low at $16.80 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $16.94 mark.
- A daily close above $16.83 will test key resistances at $16.94, $17.02, $17.18, $17.32, $17.40, $17.68, $17.87 and $18.02 marks respectively.
- On the other side, a daily close below $16.83 will take the parity down towards key supports at $16.57, $16.40, $16.17 and $16.02 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on XAG/USD only below $16.80, stop loss at $16.94 and target of $16.57/$16.40.
