- RES 4: 122.30
- RES 3: 121.75 (28th aug high)
- RES 2:121.30 ( SEP 10TH HIGH)
- RES 1: 120.40 (200 day 4 H EMA)
PRICE: 120.20 @11:40 GMT
- SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72)
- SUP 2: 119.20 (Sep 24th 2015)
- SUP 3: 118.80 (Aug 9th low)
- SUP 4: 118.50 (Sep 4th 2015)
USD/JPY has made a low of 118.68 on Friday and recovered from that level. It is currently trading at 119.99 trend is till bullish as long as support 119.20 holds.
Overall bullish invalidation only below 118.60
Any break below 119.20 will drag the pair further down till 118.80/118.60. The pair's minor support is around 119.50.
The minor resistance is around 120.40 and any indicative break above will take the pair till 120.75/121.25 in short term.
It is good to buy at dips around 119.90-95 with SL around 119.20 for the TP of 120.74/121.25


FxWirePro: USD/CAD dips as Canadian dollar gains on oil surge and soft U.S. payrolls
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
Pound-Yen Steady: GBPJPY Bulls Gather Strength for a 212.00 Push
FxWirePro: EUR/AUD recovers slightly but bearish outlook persists
Aussie Charge: AUDJPY Surges 100 Pips as Bulls Eye 112.00 Milestone
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD drifts lower, could be on verge of bigger drop
ETH Pulls Back to $ 2,020 After $ 2,200 Spike – Buy-the-Dip Setup Emerging?
NZDJPY Range Breakout Watch: Bulls Target 94.00 as Technical Consolidation Tightens
FxWirePro: EUR/ NZD stuck in range but maintains bearish bias
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges up, remains on front foot
FxWirePro: GBP/AUD recovers slightly but bias is still bearish 



