- Yen fell sharply on Monday after Japanese PM Abe signaled fresh stimulus is coming soon, USD/JPY hit session high of 103.29 levels.
- Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-above-102-handle-good-to-buy-on-dips-234099) has achieved TP1&2.
- At the time of writing USD/JPY has edged lower from session highs and hovers around the 103 handle.
- The pair finds stiff resistance at 103.70, breakout above could see gains upto 105 levels.
- 10-DMA at 102.11 is strong support on the downside, break below could see weakness upto 100.60 levels.
- Technical indicators support some upside in the pair, momentum studies are neutral.
Recommendation: Book partial profits, raise trailing stop to 102.10, hold for targets.


FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro- Major Pair levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: GBP/AUD edges higher but bulls lack punch 



