FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
FxWirePro: NZD/USD edges lower, remains on back foot 
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot (Major) 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes 
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340 
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
FxWirePro- Major Crypto levels and bias summary 
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 
JPY Major Currency Score 
Add as a preferred source on Google
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)
