Bitcoin Holds Steady Near USD 80k as the CLARITY Act Heads for a Decisive Senate Vote 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: USD/CAD gains some ground but bias is bearish 
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: USD/JPY holds firm but remains capped below 158.00 
FxWirePro: GBP/USD dips as UK political tensions drag pound lower 
FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
FxWirePro: AUD/USD softens slightly as market focus on U.S.-China meeting 
FxWirePro: GBP/AUD slips lower amid heightened UK political uncertainty 
FxWirePro: USD/CNY slips as Yuan firms ahead of Trump-Xi talks 
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data 
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)
