FxWirePro : GBP/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR slips as dollar weakens after PCE inflation data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6550 
EURJPY Bounce Loses Steam Below 184 — Sell-the-Rally Setup Eyes 183 Target 
AUDJPY Bears Take a Breather at 111.50, But ‘Sell on Rallies’ Still Eyes 110 
NZDJPY: The Kiwi Yen's Bull Run Hits a Brick Wall at 92 — Sell the Rally? 
Sterling Slump Sends GBPJPY Toward 212.60 — Bearish EMA Stack Eyes 210 
FxWirePro- Woodies pivot (Major) 
AUDJPY Breaks Key Trendline Support — Bears Eye 110 as Momentum Accelerates 
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90 
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3100 level 
FxWirePro: GBP/AUD edges higher but bullish outlook persists 
FxWirePro: USD/ZAR remains buoyant, looks to extend gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD hits 14-month high , Scope for further upside 
BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts 
- RES 4: 125
- RES 3 : 124.50 (Cloud bottom)
- RES 2: 123.80 (200 day 4 hma)
- RES 1:123.25 (7 day 4H EMA)
PRICE: 122.94 @10:14 GMT
- SUP 3 :123 (Jul 27th low)
- SUP 4: 122.25 (61.8% retracement of 120.40 and 125.27)
- SUP3: 121.90
- SUP 4 : 120.40 (Jul 8th low)
Potential Reversal Zone- 125
The pair has made low of 123.32 and closed at 123.35 yesterday. It has broken major support in Asian session as Asian markets extend their free fall for the second straight session. The demand for safe haven assets like gold, yen, long-end treasuries.
USD/JPY is trading near major trend line support 122.70 (trend line joining 105.18 and 120.45) and any break below will drag the pair further down till 122.20/121.95.
On the higher side major intraday resistance is around 123.40 and any break above would extend gains till 123.75/124/124.20.
It is good to buy at dips around 122.80-85 with SL around 122.20 for the TP of 123.75/124.15.
