NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto 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- Woodies Pivot(Major) 
Chart - Courtesy Trading View
USD/JPY was trading 0.07% higher on the day at 114.88 at around 04:45 GMT, slightly below session highs at 114.97.
The major has refreshed multi-year highs and is consolidating previous session's gains.
Resurgent US dollar demand seen across the board amid rising inflationary pressures and Fed’s rate hike expectations.
US Treasury yields are once again looking attractive while the DXY tested 16-month peak 96.24 before trimming some gains.
USD/JPY technical indicators are turning bullish. Stochs and RSI are sharply higher, MACD is on verge of bullish crossover on signal line.
ADX supports gains, volatility is high and rising, price action is above cloud and Chikou span is biased higher.
Major Support Levels:
S1: 114.33 (5-DMA)
S2: 113.86 (20-DMA)
Major Resistance Levels:
R1: 115
R2: 115.50 (Mar high)
Summary: USD/JPY on track to close higher for the 4th straight month. The major is trading shy of 115 handle, outlook is bullish. Further upside on cards.
