- Major support - 114 (20 day MA)
- The pair has recovered after making a low of 114.20 It is currently trading around 114.75.
- Short term trend is weak as long as resistance 116 holds.
- Any break below 114 will drag the pair down till 113.50/112.35 in short term.
- The major resistance is around 116 and break above targets 116.70/117.25.the minor resistance is around 115.25
- Overall bearish invalidation only above 116.
It is good to sell on rallies around 115.10-115.20 with SL around 116 for the TP of 113.50/113


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



