- RES 4: 121.72 (28TH AUG HIGH)
- RES 3:121.30 ( SEP 10TH HIGH)
- RES 2: 120.75 (61.8% retracement of 121.75 and 119.21)
- RES 1: 120.15 (20 day 4 HMA)
PRICE: 1119.95 @11:54 GMT
- SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72)
- SUP 2: 118.80 (Aug 9th low)
- SUP3 : 118.60 (Sep 9th low)
- SUP 4: 118.20 (61.8% retracement of 116.07 and 121.72)
Harmonic pattern formed: Bearish Butterfly pattern
Potential Reversal Zone (PRZ)-122.60
USD/JPY has recovered till 120.65 after making a low of 119.71 yesterday. It is currently trading at 120.49.
Short term trend is still bullish as long as support 119.60 holds and break below drag the pair further down till 119/118.60.
On the higher side short term resistance is around 120.75 and any break above targets 121.30/122.
It is good to buy at dips around 119.70 with SL around 119 for the TP of 121.30/122


FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



