- EUR/JPY slumps after the vote 'No' in Sunday’s Italian constitutional referendum, and the following PM Renzi's announcement to resign.
- Recovering risk sentiment prompts a brief recovery in the pair.
- EUR/JPY pares losses, edges higher from session lows at 118.72 to currently trade around 119.78 levels.
- Momentum studies have turned bearish with RSI extending retrace from above 70 levels.
- The pair is holding strong support by 200-DMA at 118.48, break below will accentuate weakness.
- Support levels - 118.78 (23.6% Fib), 118.48 (200-DMA), 118.16 (20-DMA), 118, 117.71 (Nov 23 low)
- Resistance levels - 119.80 (10-DMA), 120.62 (5-DMA), 121, 120.30 (Nov 30 high)
Recommendation: Good to go short on rallies around 119.80/90, SL: 120.65, TP: 119/ 118.80/ 118.50


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: EUR/AUD slips after surprise U.S. employment data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs 



