- RES 4: 121.75 (28th Aug 2015 high)
- RES 3: 121.50 (30th Oct 2015 high)
- RES 2:120.85 (7 day h ema)
- RES 1: 120.50 (200 day HMA)
PRICE: 120.48 @12:02 GMT
- SUP 1 120.16 (38.2 % retracement of 118.05 and 121.50)
- SUP 2 : 119.60
- SUP 3: 119
- SUP 4: 118.60
USD/JPY made a high of 121.48 (trend line joining 121.22 and 121.48) and retreated till 120.28 from that level.
On the downside major support is around 119.60 and break below will drag the pair till 119/118.60 in short term.
Further weakness can be seen only below 118.
It is good to sell on rallies around 121 with SL around 121.50 for the TP of 120/119.62


FxWirePro- Woodies Pivot(Major)
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major European Indices
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 



