CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD moves lower on weak UK data 
- USD/JPY finds stiff resistance at 20-DMA at 109.95, we see upside only on decisive break above.
- Recovery in the pair after recovery in the stock markets in the previous day's trade failed to extend.
- Price has slipped below 5-DMA and on intraday charts we see some weakness.
- Price action is holding support by 1H 200-SMA at 109.25, we see weakness on break below.
- Upside seems to be capped by hourly Ichimoku cloud, price gradually extending decline.
- Break below 1H 200-SMA could see drag till 108.90 (78.6% Fib) ahead of 108.40 (rising trendline).
Support levels - 109.25 (1H 200-SMA), 108.90 (78.6% Fib retrace of 107.318 to 114.737 rally), 108.40 (trendline)
Resistance levels - 109.48 (5-DMA), 109.95 (20-DMA), 110.15 (61.8% Fib)
Recommendation: Good to go short on break below 1H 200-SMA, SL: 109.95, TP: 108.90/ 108.40/ 108.15.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
