FxWirePro- Woodies Pivot 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Plunges 200+ Pips, Then Reverses — Bulls Eye 216 on Dip Buys 
FxWirePro: USD/CAD extends fall, eyes 1.3700 level 
FxWirePro:GBP/NZD gains some upside momentum but still bearish 
USD/CHF Pares Gains After 4.4% GDP Blowout: Sell Rallies to 0.7860 Target 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ JPY edges higher as yen weakness after BOJ stays on hold as expected 
AUDJPY Dips Met With Buyers: Bullish While 107 Holds Firm 
FxWirePro: AUD/USD bulls undeterred, eyes 0.6900 level 
Narrow Range Drama in EUR/GBP: Bullish Bias Intact Above 0.8645 
FxWirePro: GBP/USD extends gain after positive UK retail sales data. 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: NZD/USD retreats slightly but trend is still bullish 
USD/JPY has rebounded strongly after hitting minor support level at 116.45 and is bouncing to test resistance level at 117.27, the resistance level located 117.67 set to hold the bull from advancing further and push the pair towards lower levels in the short term, as the US dollar is weaker across the board against Japanese yen. Therefore, it's good to sell this pair on rallies.
- Strong support can be seen at 116.45, a break below this level will expose the pair towards next support level located at 115.85.
- Major resistance can be seen at 117.67, a break above this level will open the gates towards 118.11 levels.
Recommendation: We prefer short around above 117.50, targets 117.00, 116.00, SL 118.30.
Resistance Levels
R1: 117.27 (Session high)
R2: 117.67 (61.8% Retracement Level)
R3: 118.11 (Jan 19th high)
Support Levels
S1: 116.77 (50 % Retracement Level)
S2: 116.45 (Daily lows)
S3: 115.85 (38.2 % Retracement Level)
