EURJPY trades slightly weak on board-based yen buying. As long as support 180 holds, intraday remains bullish. It hits an intraday low of 180.202 and is currently trading around 180.63.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, 200, and 365-H EMA on the 15-minute chart.
- Near-Term Resistance: Around 181,a breakout here could lead to targets at 181.55/182/182.62/183/185.
- Immediate Support: At 180, if breached, the pair could fall to 179.70/ 179.20/178.90/178.40/178/177.25/176/175.20.
Indicator Analysis (15-min chart):
- CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 180.28-30 with a stop loss at 179.70 for a TP of 182.


FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



