Loonie declined sharply and lost more than 150 pips after more dovish Fed. Fed has kept its interest rates unchanged and pledges ‘patience’ stance on further hike. According to CME Fed watch tool shows that probability of Fed to keep rates unchanged is 98.7% for 20th Mar 20 2019 ,98.7% for May 1st 2019 and 95.4% for 19th Jun 2019 Fed meeting. The pair hits low of 1.31185 and is currently trading around 1.31405.
On the higher side near term resistance is around 1.3160 and any break above targets 1.3197 (100- day MA)/1.3255/1.3300.
The near term support is around 1.3110 (200- day MA) and any violation below targets 1.3070 (300-day EMA)/1.3025.
It is good to sell on rallies around 1.3160 with SL around 1.3200 for the TP of 1.3070.


AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/AUD bears maintain upper hand
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



