FxWirePro:EUR/AUD upside limited, scope for a dve through a key fibo 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD attracts selling interest, vulnerable to more downside 
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FxWirePro- Major European Indices 
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FxWirePro:EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD changes short term trend from neutral to bearish 
FxWirePro: GBP/AUD extends drop, vulnerable to more downside 
FxWirePro: GBP/AUD key support held, downside risk remains 
FxWirePro: NZD/USD edges up, remains on front foot 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD steadies around 1.3680,retains bid tone 
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Pound Sell-Off Accelerates: GBP/JPY Drops to 209.93, Eyes Major Support Zone 
USD/JPY has rebounded strongly after hitting support level at 121.40 to trade around 120.61 levels, currently the pair is approaching to test support level at 121.41. The support level at 120.80 is set to hold the bears from falling further below and bring a rebound towards upside. Therefore, it is good to go long on this pair on dips.
- Levels around 121.00 should be viewed as advantage for buying opportunities, As US dollar is expected to strengthen against the Japanese Yen.
- Strong support can be seen at 120.82, a break below this level will expose the pair to next support level at 120.20 levels.
- Major resistance can be seen at 122.00, a break above this level will open the door to 122.50 levels.
Recommendation: We prefer long above 121.00, targets 121.80, 122.40, SL 120.50.
Resistance Levels
R1: 122.00 (Daily high)
R2: 122.22 (23.6 % Retracement Level)
R3: 122.88 (July10th high)
Support Levels
S1: 121.43 (38.2 % Retracement Level)
S2: 120.82 (50 % Retracement Level)
S3:120.20 (61.8 % Retracement Level)
