- 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- Major European Indices
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce
Fed Pause Fails to Lift Dollar — USD/CHF Pulls Back to 0.76822, Bears in Control
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY gains some ground but bearish outlook persists
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains
CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices 



