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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USDJPY and GBPJPY for the day)

Pair Value Recommendation
USDJPY 193.22 Buy
GBPJPY 392.04 Strong Buy

USDJPY

Major resistance- 142.50

Near-term support- 140.90

Trend reversal level- 143.20

GBPJPY

Major resistance- 167.55

Near-term support- 166

Trend reversal level- 165

Above (-150): Sell 

Above (-300): Strong Sell 

Above 150: Buy

Above 300: Strong Buy

 

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