- The single currency largely muted on poor German Ifo business climate data.
- EUR/JPY is extending narrow rangebound trade within a symmetric triangle pattern.
- 113.65 and 113 are pivotal points, breakout on either side could provide clear direction.
- Longer term trend remains lower, price action is below major moving averages and RSI remains below 50 level.
- Price action on the day holds above 20-DMA at 113.27, stiff resistance on the upside seen at 113.65 levels.
- Decisive breakout above could see test of 55-EMA at 115.50, on the flipside break below 113 could drag the pair to 112.36.
Trade Idea: Go long on breakout above 113.65, SL: 113, TP: 114/ 114.70/ 115


FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



