- 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


Pound-Yen Steady: GBPJPY Bulls Gather Strength for a 212.00 Push
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD recovers slightly but bias is still bearish
FxWirePro: USD/CAD dips as Canadian dollar gains on oil surge and soft U.S. payrolls
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
FxWirePro: EUR/ NZD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY edges up, remains on front foot
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
NZDJPY Range Breakout Watch: Bulls Target 94.00 as Technical Consolidation Tightens
FxWirePro: EUR/AUD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD firms as demand for the U.S. dollar eases
FxWirePro: GBP/USD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
Bitcoin’s Institutional Tug-of-War: Geopolitical Tensions Clash with USD 920 Million ETF Surge 



