- Risk-on rally in the Asian equities on the back of upbeat Caixin China's manufacturing survey failed to support USD, which corrected lower across the board
- Profit taking was seen after the US dollar index faced rejection at eight-month highs near 100.35 and slipped back to 100 mark
- The greenback had earlier popped above 123.00 for the first time in a week, but fell sharply to hit lows of 122.64
- US ISM manufacturing report due later today will continue to influence the pair, traders will aslo track sentiment across equity markets
- Strong support for the pair is placed at 122.30 (Double bottom - Nov 27 & 24 Low), while immediate resistance is seen at 123.28 (Today's High)
Recommendation: Good to go long on dips around 122.70, SL: 122.20, TP: 123.25


FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/CAD downside pressure builds, key support level in focus
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro- Major US Indices
FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 



