Major resistance - 1.01200
The pair is trading narrow range of 30 pips for past three trading days.The pair was trading higher from Mar 20 th to Apr 29 and jumped more than 300 pips on broad based USD buying and easing trade tension.It has halted its uptrend after hitting high of 1.02369 and started to decline sharply nearly 200 pips after US Trump imposed more tariffs to Chinese products.In past three days the pair is trading between 1.00805 and 1.01216 and is currently trading around 1.00975.
On the lower side, near term support is around 1.00750 and any violation below will drag the pair till 1.00435/1.000.
The major resistance is around 1.0125 and pair is struggling to break convincingly above that level. Any break above confirms major bullishness and a jump till 1.0175/1.0235.
It is good to sell on rallies around 1.0115-20 with SL around 1.0175 for the TP of 1.00435/1.000.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Major Pair levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 



