- Pair is currently trading at 112.75 levels.
- It made intraday high at 113.22 and low at 112.56 levels.
- Pair fails to sustain above 113.00 levels and likely to consolidate below 115.26 marks.
- Intraday bias remains bearish for the moment.
- Alternatively, daily close below 110.98 levels will take the parity around key support at 106.19 levels.
- Later today US will publish GDP data, which will drive the parity to the either directions.
We prefer to take long position in USD/JPY around 112.60, stop loss 111.04 and target 114.26 levels.


FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Major European Indices
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: GBP/AUD takes back some lost ground
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 



