FxWirePro: USD/ CNY outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY slides below 154 level, scope for further downside 
FxWirePro: USD/ZAR recovers slightly but bears are not done yet 
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD firms, setting up for next leg higher 
EURGBP Breaks Above 0.8700 on Euro Surge: Bullish Momentum Builds Toward 0.8800+? 
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000? 
FxWirePro: GBP/USD bulls struggles as upside momentum fades 
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout? 
The currency pair trades flat after a massive sell-off. It hit an intraday high of 0.88248 and is currently trading around 0.87985. The intraday bias appears to be bearish as long as the resistance 0.9000 holds.
Technical Analysis and Resistance Levels
The pair is trading below the 34-EMA and 55-EMA on the 4-hour chart indicating a bearish trend. The immediate resistance is at 0.8820 any break above targets 0.8850/0.8890/0.8940/0.9000/0.9035/0.9070/0.9100/0.9150/0.9200/0.92250/0.9275/0.9300.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8720, any violation below will drag the pair to 0.8660/0.8600.
Bullish Indicators
CCI (50) - Bearish
Directional movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.881-20 with a stop-loss at 0.8850 for a TP of 0.8720.
