FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
USD/JPY has rebounded strongly after hitting minor support level at 120.47 in the early American hours to trade at 121.03 levels, the support level at 120.47 set to hold the bears from falling further below and push the pair towards higher levels in the short term, as the US dollar is stronger across the board against Japanese yen in the intraday trading.
- Strong support can be seen at 120.47, a break below this level will expose the pair towards next support level located at 120.04.
- Major resistance can be seen at 121.46, a break above this level will open the gates towards 122.00 levels.
Recommendation: We prefer long above 120.60, targets 121.50, 122.00, SL 119.00.
Resistance Levels
R1: 121.46 (Oct 26th high)
R2: 122.00 (Psychological levels)
R3:122.90 (July 7th high)
Support Levels
S1: 120.47 (38.2% Retracement Level)
S2: 120.04 (50% Retracement Level)
S3: 119.56 (61.8 % Retracement Level)
