Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
USDCHF jumped sharply after board-based US dollar buying. Having made an intraday high of 0.78135, it is currently trading at 0.77940.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, 200-EMA, and 365-EMA on the 1-hour chart, indicating a bullish trend. The immediate resistance is at 0.7825; any break above targets 0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7760; any violation below will drag the pair to 0.7000/0.7660/0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.7748-50 with SL around 0.7700 for a TP of 0.7865.
