AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
ETH Bulls Smash Trendline – $4,000 Next as Whale Squeeze Tightens 
FxWirePro- Major Pair levels and bias summary 
BTCUSD continues to trade weak and hits an 18-month low at $20816. It is currently trading around $22254.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (highly positive correlation with BTC)- Bearish (negative for BTC). The index holding below 2000-W EMA. Any close below 10775 (200-W MA) will drag NASDAQ to 10520/10000.
US bond yields (Bullish)- Negative for BTC. US 10-year yield surged sharply, hitting the highest level since 2018 on rising inflation. Markets eye US Fed monetary policy tomorrow for further direction.
Crypto News-
Celsius network negative news also dragged crypto down further. The largest crypto lenders have paused all withdrawals and transfers due to extreme market conditions.
Technicals-
Major support- $22284 (200- W MA). Any weekly close will bring an end to the bullish trend, a dip to $15000/$10000 is possible.
In the weekly chart RSI (14)- 27.67 (Oversold). Any decline can be used as an opportunity to buy.
Bull case-
Primary supply zone -$23850. The breach above confirms minor bullishness. A jump to the next level of $24850/$25400/$27000 is possible.
Secondary barrier- $32500. A violation above that barrier targets $37000/$40000.
It is good to buy on dips around $20000 with SL around $17000 for TP of $30000.
