- 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


GBPJPY Surges on Yen Weakness; Bullish Trend Favors Dip Buying
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD recovers slightly but bearish outlook persist
AUDJPY: Range-Bound Action Amidst Mixed Technical Signals
FxWirePro: GBP/NZD sustains gains as uptrend remains strong
FxWirePro: GBP/USD gains some ground but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
EURUSD Recovers Amidst Dollar Weakness, Eyeing Key Resistance Levels
EURJPY: Navigating Mixed Signals with a Bullish Lean
FxWirePro : AUD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/JPY consolidates gains, 163 eyed
Bitcoin Tumbles Below $60,000 Amidst Persistent ETF Outflows
FxWirePro: USD/ZAR bears maintain upper hand
Gold Flashes Bullish Signals Amidst Shifting Technical Landscape
FxWirePro: GBP/USD recovers slightly from early decline but bears are not done yet
FxWirePro- Major Crypto levels and bias summary 



