- NZD/JPY has breached strong trendline support at 74.25, we see scope for test of 73.55 levels.
- Price action in the pair has dipped below daily cloud. 5-DMA has shown a bearish crossover on 10-DMA.
- Stochs are biased lower, but have approached oversold levels so advise caution.
- RSI is biased south and the MACD line shows a bearish crossover on the signal line.
- Immediate support for the pair is seen at 74.20 (Feb 29th lows) ahead of 73.94 (Mar 1st lows).
- On the flipside resistance is seen at 75 (session highs), 75.40 (trendline support turned resistance) and 75.48 (5-DMA).
Recommendation: Good to sell rallies around 74.55/60, SL: 75.40, TP: 74/73.65/73.55


BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major European Indices
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary 



