CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
- US Dollar index shown minor jump after forming a temporary bottom around 96.80. It is currently trading around 97.45. Intraday trend is bullish as long as support 97.03 (Hourly Tenkan-Sen) holds.
- The index has shown a huge decline from the high 103.82 and downside capped by 61.8% fibo at 96.40 and bearish continuation can be seen below that level. Short term trend is still weak as long as resistance 99.89 (May 11th 2017 high) holds.
- The near term resistance is around 97.45 (89 W EMA) and any break above will take the index till 98.60 (support turned into resistance)/ 99.25 (200 MA)/99.89.
- On the lower side, major near term support is around 96.40 (61.8% fibo) and any break below will drag the index till 95.91 (Nov 9th 2016 low)/95.
It is good to buy above 97.45 with SL around 97 for the TP of 98.60.
