- RES 4: 121.75 (28th aug high)
- RES 3:121.30 ( SEP 10TH HIGH)
- RES 2: 120.56 (Oct 6th 2015)
- RES 1: 120.20 (200 day 4 H EMA)
PRICE: 120.27 @11:06 GMT
- SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72)
- SUP 2: 119.20 (Sep 24th 2015)
- SUP 3: 118.80 (Aug 9th low)
- SUP 4: 118.50 (Sep 4th 2015)
USD/JPY is trading in narrow range between 120.60 and 119.60. Any break below 119.60 confirms short term weakness, decline till 119.20/118.60 is possible.
Overall bearishness can be seen only below 118.60.
On the higher side minor resistance is around 120.60 and break above would extend gains till 121.20. Major resistance is around 121.30.
It is good to buy at dips around 119.60 with SL around 119.20 for the TP of 120.60/121.20.


EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: USD/CAD downside pressure builds, key support level in focus
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major US Indices
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD edges higher but bearish outlook persists
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Major European Indices
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: USD/JPY dips below lower range, bearish bias increases
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse 



