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JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro- Woodies pivot (Major) 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
• EUR/AUD gained on Tuesday as euro was supported on the back of better-than-expected Euro zone inflation data.
• Consumer price growth in the 19 countries sharing the euro accelerated to 4.9% in November, up from 4.1% a month earlier and well ahead of expectations for 4.5%.
• EUR/AUD bulls confidence is running high, gains towards 1.6000 highly seems likely.
• From a technical viewpoint, RSI is strongly bullish at 65.75, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.5920 (Ichimoku Cloud Top), any close above will push the pair towards 1.5956 (38.2%fib).
• Immediate support is seen at 1.5886(50% fib) and break below could take the pair towards 1.5822 (5DMA).
Recommendation: Good to buy on dips around 1.5880, with stop loss of 1.5800 and target price of 1.5960.
