USD/JPY has broken below 117.72 support (which is 78.6 % Fib of of 116.08 to 123.76 rise), drop till 116.88 (Feb 2nd lows) likely.
- Downside in the pair gained momentum after slump across European equities spurred a renewed wave of risk-aversion, raising the demand for the safe-haven yen.
- The major dropped sharply to fresh five-month lows near 117.32 as recovery fizzled once again near 118.20 region.
- Immediate support now lies at 117.05 (Feb 5 lows), while resistance on the upside is located at 118.30 (trendline).
Recommendation: Sell rallies around 117.70, SL: 118.30, TP: 116.80/116


FxWirePro- Major Pair levels and bias summary
NZDJPY Retraces on Tokyo CPI: Bulls Eye 95.00 Target as Support Holds
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
AUDJPY Reclaims 111 Handle: Bulls Eye 112 Target After Dip
FxWirePro: GBP/USD slides as UK political uncertainty weighs on pound
Bitcoin Stuck in $66K–$67K Cage – Break $70K and $78K+ Becomes the Prize
FxWirePro: GBP/USD slips ahead of Manchester local election
FxWirePro:EUR/AUD upside limited, scope for a dve through a key fibo
FxWirePro: USD/CAD steadies around 1.3680,retains bid tone
FxWirePro: NZD/USD edges up, remains on front foot
ETH Follows BTC Higher: $2056 and Climbing – Bulls Locked In Above $2000
FxWirePro: USD/CAD changes short term trend from neutral to bearish
FxWirePro: AUD/ USD edges up as Australian dollar gains on hawkish RBA outlook
FxWirePro: USD/JPY dips as yen gains after Tokyo CPI data 



