EURJPY supported around the 55- 4H EMA and had a little retreat. As long as support 179.50 holds, intraday remains bullish.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 181.20, a breakout here could lead to targets at 182/182.62/183/185.
- Immediate Support: At 179.50, if breached, the pair could fall to 179.20/178.90/178.40/178/177.25/176/175.20.
Indicator Analysis (4-hour chart): - CCI (50): Bullish
- 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 179.50 for a TP of 183.


Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 



