EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 
FxWirePro- Woodies pivot (Major) 
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FxWirePro: GBP/AUD eases slightly, focus on near-term support 
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
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FxWirePro: USD/CNY slips as strong China exports data Lift yuan 
USD/JPY failed to hold at higher levels and slipped despite a relief rally in the Asian indices, especially with a positive opening in China's stock markets supported risk-on environment.
- The pair still holds above the 118 handle and is trying to stabilize above the hourly 50-SMA support placed at 118.18.
- Stochs on 4hourlies have rolled over from oversold zone with a bullish crossover, MACD also gives a buy on the 4Hourly charts.
- A close above 118.30 (major support turned resistance) with support from momentum indicators could see regain of 120 levels.
- On the other side a close below 117.72 will take the pair to 116 and then 115.60 levels.
Recommendation: We will wait for confirmation to go long
