USD/JPY has rebounded strongly after hitting minor support level at 123.09 to trade around 123.35 levels, currently the pair is approaching to test support level at 123.37.
- The support level at 122.60 is set to hold the bears from falling further below and bring a rebound towards upside. Therefore, it is good to go long on this pair on dips.
- Strong support can be seen at 122.58, a break below this level will expose the pair towards 122.00 levels.
- Major resistance can be seen at 123.76, a break above this level will open the door to 124.50 levels.
Recommendation: We prefer long above 122.70, targets 123.50, 124.00, SL 122.00.
Resistance Levels
R1: 123.37 (Daily high)
R2: 123.76 (23.6 % Retracement Level)
R3: 124.17 (Aug 20th high)
Support Levels
S1: 122.94 (50 % Retracement Level)
S2: 122.58 (61.8 % Retracement Level)
S3: 122.22 (Nov 25th lows)


Bitcoin Holds Steady Near USD 80k as the CLARITY Act Heads for a Decisive Senate Vote
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win
Yen Retreats: AUDJPY Hits Three-Day Winning Streak as Bullish Momentum Surges
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD dips as UK political tensions drag pound lower
FxWirePro: USD/CAD gains some ground but bias is bearish
FxWirePro: AUD/USD softens slightly as market focus on U.S.-China meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY slips as Yuan firms ahead of Trump-Xi talks
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY holds firm but remains capped below 158.00
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting
FxWirePro:USD/CAD bulls continue to hold the higher ground 



