- Bullish Shark pattern evidenced on NZD/JPY dailies.
- Pair has edged higher from Potential Reversal Zone at 72.54.
- Upside struggles at major trendline resistance by 74.50. Break above to resume upside.
- Technical indicators support upside. Momentum studies are neutral, Stochs are biased higher.
- Breaks above 74.50 could take the pair to next resistance at 75.15 (55-EMA) and then 75.51 (61.8% Fib of XA leg).
- Supports on the downside are located at 74.22 (5-DMA), 73.98 (10-DMA) and then 73 levels.
Recommendation: Go long on decisive breaks above 74.50, SL: 74, TP: 75/75.50/75.75


Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: EUR/AUD under pressure as key support gives way
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/JPY holding bid into weekend 



