- EUR/JPY is extending decline, sees strong trendline resistance at 126.20.
- Some rumors of a possible BOJ's intervention, lead to a slide in the Japanese currency by the end of the week.
- We see a Doji formation in the pair in the Asian session, breaks below 125.50 could resume weakness.
- Liquidity today much thinner than usual due to the Japanese bank holiday of Vernal equinox day.
- On the upside, resistances are seen at 125.75 (10-DMA), then 125.84 (5-DMA) and 126.20 (falling trendline).
- On the flipside, supports are located at 125.26 (Mar 18th lows), 125.09 (Mar 15th lows) and 124.75 (trendline).
- Our short call on the pair (http://www.econotimes.com/FxWirePro-EUR-JPY-rejected-at-12662-strong-trendline-resistance-good-to-sell-rallies-180266) is progressing.
Recommend holding for targets.


FxWirePro: GBP/NZD sustains gains as uptrend remains strong
FxWirePro: EUR/AUD firms slightly, but outlook remains bearish
FxWirePro: EUR/AUD retreat from early gains, eyes another drop
FxWirePro: GBP/USD gains some ground but bulls lack punch
FxWirePro: USD/CAD hits two month high as Canadian as retail sales post monthly decline
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD steadies around 2.3350 , retains bid tone
FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
FxWirePro- Woodies Pivot(Majors)
Extremely Bearish JPY Majors: GBPJPY, NZDJPY, AUDJPY Lead the Decline
FxWirePro: USD/CAD extends advance as falling oil prices pressures commodity-linked loonie
Sell the Rally: Gold Eyeing $4,000 as Dollar Strength Takes Control
FxWirePro: AUD/USD pressured by rising treasury yields, risk-off mood
AUDJPY Tumbles Below 111 on Widespread Australian Dollar Weakness; Key Resistance at 112 Holds Firm 



