- Major resistance – 77.60 (trend line joining 78.63 and 77.88)
- Major intraday support- 77 (21- 4 H MA).
- The pair has pared its losses after making a low of 76.15 on Wednesday. It is currently trading around 77.19.
- In the four hour chart, the pair is struggling to close above 55- 4 HMA and also above trend line resistance .Any further bullishness can be seen only above that level.
- Any close above 77.60 will take the pair till 78.13 (200- 4H MA) /78.88 (61.8% retracement of 80.31 and 76.59)/80.47 (100- day MA).
- On the lower side, any break below 76.10 will drag the pair further down till 75/74.55.
It is good to sell on rallies around 77.50-55 with SL around 79 for the TP of 76.10/75
Resistance
R1-77.60
R2-78.13
R3-78.88
Support
S1-76.10
S2-75
S3-74.55


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



