- Offered tone around the JPY strengthened on account of the drop in the Brexit bets. The latest Brexit polls once again showed an overall lead for ‘Remain’ group.
- USD/JPY edges higher from lows of 103.58 to hit session highs of 104.28.
- Price action is moving away from lower Bollinger Band on the daily charts.
- Pair finds strong resistance by 5-DMA at 104.50, break above could see further upside.
- Brexit related news flow along with Yellen's testimony which starts later today will be focus for clues on direction.
- Techs on hourly charts support upside in the pair. Minor trendline resistance is seen at 104.27, break above will see test of 104.50 (5-DMA).
Recommendation: Good to buy dips around 104.20/25, SL: 104, TP: 104.50/ 104.65


FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/ZAR edges lower ,investors remain on edge 



