EURJPY recovered above the 178 level after a minor sell-off. Intraday remains bullish as long as support 177.20 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 179,a breakout here could lead to targets at 180/183.
- Immediate Support: At 177.80, if breached, the pair could fall to 177.20/176.60/175.70/175.20/174.60/174/173.
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 177.78-80 with a stop loss at 177 for a TP of 183.


FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: GBP/USD stuck in range but maintains bearish bias
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro- Major Pair levels and bias summary
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally 



