• USD/JPY declined on Monday as the Federal Reserve's pronounced dovish stance continued to put pressure on the dollar.
• On Friday, Federal Reserve Chair Jerome Powell firmed expectations of the central bank starting interest rates cut from next month..
• The dollar dropped as much as 0.33% to 143.88 yen marking its lowest level since August 5.
• The pair has seen 143.33 -144.32 range on Monday , chart points to drop towards 143.00 level.
• Immediate resistance is located at 144.23 (50%fib), any close above will push the pair towards 147.00 (Psychological level).
• Support is seen at 143.50 (38.2%fib) and break below could take the pair towards 141.74 (Lower BB)
Recommendation: Good to sell around 143.90, with stop loss of 144.60 and target price of 143.00


FxWirePro -Major European Indices
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Major Pair levels and bias summary
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro- Major European Indices
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 



