EURJPY retested its resistance, which turned into support at 183.20, and surged sharply as the yen lost momentum. It is still bullish as long as it is over 183.20 pairs. It now hovers around 184.63 after hitting an intraday peak of 184.68.
Technical Analysis:
The EUR/JPY pair is above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 184.70, a breakout here could lead to targets at 185/186/187/188.69.
- Immediate Support: At 184.20, if breached, the pair could fall to 183.60/183.20/182.80/182.48/181.80/180.80/180.
Indicator Analysis (4- hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a bullish trend
Trading Recommendation:
It is good to buy on dips around 184.18-20 with a SL around 183.20 for a TP of 186.85.


FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some upside momentum but still bearish
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro:EUR/NZD extends fall, key support lies ahead
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 



