- RES 4: 122
- RES 3: 121.75 (28th Aug 2015 high)
- RES 2: 121.50 (30th Oct 2015 high)
- RES 1: 120.80 (7 day HMA)
PRICE: 120.85 @11:26 GMT
- SUP 1 120.09 (200 day HMA)
- SUP 2 : 119.60
- SUP 3: 119
- SUP 4: 118.60
Harmonic pattern Formed- Bullish Bat Pattern
Potential Reversal Zone (PRZ) -121.50
USD/JPY made a high of 121.48 (trend line joining 121.22 and 121.48) and retreated till 120.28 from that level. It is currently trading at 120.67.
On the downside major support is around 119.60 and break below will drag the pair till 119/118.60 in short term. The pair's minor support is around 120.
Any break above 121.50 confirms further bullishness, jump till 122.40 is possible.
It is good to Sell on rallies around 120.90-95 with SL around 121.51 for the TP of 119.60/119.


JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish
FxWirePro: USD/CNY hovers near 3-1/2 year low, scope for further downside
FxWirePro: GBP/USD could target 1.3400 as selling pressure builds
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/AUD edges lower, remains on bearish path
FxWirePro: GBP/USD gives up gains as traders await UK GDP
FxWirePro: NZD/USD slips as geopolitical and domestic political risks weigh
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
FxWirePro: AUD/USD drifts back to familiar territory post-US CPI
FxWirePro: USD/ZAR recovers as traders assess US and South African data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
Buy the Dip? AUDJPY Holds Trendline Support Near 112
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish 



