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FxWirePro- Woodies pivot (Major) 
- 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
