FxWirePro-Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
Chart - Courtesy Trading View
USD/JPY was trading 1.08% lower on the day at 131.04 at around 09:55 GMT. Outlook has turned bearish after rejection at 21-EMA.
The greenback sold off ahead of the key US Consumer Price Index (CPI) data, due later in the day at 13:30 GMT.
Traders reluctant to place any aggressive bets ahead of US CPI report. Rising expectations for smaller Fed rate hikes act as a headwind for the USD .
A slowdown in the US wage growth pointed to easing inflationary pressure. Today's release of the US CPI report will influence the Fed's rate hike path.
According to CME Group’s FedWatch Tool, a 25 bps rate hike at the Fed’s next event on February 1 looks the most likely scenario.
Major Support Levels:
S1: 129.50 (Jan 03 low)
S2: 128.77 (Lower W BB)
Major Resistance Levels:
R1: 131.94 (5-DMA)
R2: 133.20 (21-EMA)
Summary: USD/JPY trades with a bearish technical bias. More downside on cards, test of fresh monthly lows likely.
