FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
FxWirePro: GBP/NZD edges higher but outlook is bearish 
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY nears 160 as intervention risk intensifies 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
Chart - Courtesy Trading View
USD/JPY was trading 0.19% higher on the day at 115.09 at around 05:15 GMT, slightly lower from session highs at 115.14.
The pair tested levels unseen since Mar 2017, further gains on the cards as technical indicators also support further upside.
US President Joe Biden reappointed Federal Reserve Chair Jerome Powell for a second term, strengthening bets for interest rate hikes.
The Bank of Japan has maintained one of the most dovish monetary policy stances among major central banks, while the Fed has begun tapering its asset purchase program.
Monetary policy divergence is likely to act as a major tailwind for the pair, driving prices higher.
Major Support Levels:
S1: 114.45 (5-DMA)
S2: 113.97 (21-EMA)
S3: 113.58 (Weekly low)
Major Resistance Levels:
R1: 115.50 (March 2017 high)
R2: 116
R3: 116.66 (88.6 Fib)
Summary: USD/JPY trades with a bullish bias. Scope for test of 116 levels. Bullish invalidation only below 21-EMA.
