FxWirePro:USD/JPY hovers near a four-decade low 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro- Woodies pivot (Major) 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
Chart - Courtesy Trading View
USD/JPY was trading 0.21% lower on the day at 134.65 at around 05:55 GMT.
The major is extending downside for the third consecutive session, outlook is bearish.
Price action has slipped below 5-DMA and is on track to test 21-EMA support at 133.21.
Bearish RSI divergence on the daily charts adds to the downside bias. Chikou span is biased lower.
RSI is now biased lower and Stochs are on verge of bearish rollover from overbought levels.
Price action has slipped below 200H MA and GMMA indicator shows major and minor trend are bearish on the intraday charts.
Focus now on the US New Home Sales for May scheduled for released at 1400 GMT for further impetus.
Major Support Levels:
S1: 133.21 (21-EMA)
S2: 129.71 (55-EMA)
Major Resistance Levels:
R1: 134.87 (200H MA)
R2: 135.50 (5-DMA)
Summary: USD/JPY trades with a slightly bearish bias. Scope for dip till 21-EMA at 133.21.
