FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: GBP/NZD remains bullish as rally continues 
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FxWirePro-Major European Indices 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
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FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
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FxWirePro- Major Crypto levels and bias summary 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
- USD/JPY stabilizes from its worst opening levels at 110.78 and is back on the 111 handle, currently trading at 111.21.
- Ongoing chatter surrounding the sales tax hike delays could continue to support the Nikkei and USD/JPY.
- However, a broadly weaker US dollar is capping upside, USD index now dropping -0.15% to 95.56 levels.
- Upside finds resistance at 111.758 (double top Mar 18th and Apr 27th) ahead of 111.91 (100-DMA).
- While to the downside, immediate support is seen at 110.48 (5-DMA) and below that at 110.18(10-DMA).
- Markets now focus on US PCE price index and consumer confidence data among others, for fresh momentum on the major.
- We had advised a long in the pair (http://www.econotimes.com/FxWirePro-USD-JPY-spikes-above-the-111-handle-as-Yen-slumps-on-talks-of-possible-delay-in-sales-tax-hike-214527).
Recommend holding for targets.
