USDJPY continues to trade higher for 3rd consecutive week and jumped nearly 150 pips on easing US-China trade war which has decreased Safe-haven assets demand like gold Swiss franc etc. The pair has formed a temporary top around 107.23 and is hovering near the 107 level. It is currently trading around 106.97.
Technically, the pair is facing strong resistance around 107.20--23 (21- day MA) and any break above will take the pair to next level till 107.86/108.40.
On the flip side, the near term major support stands around 106.50--60 (23.6% fib) and any violation below 106.25/105.50.
It is good to buy on dips around 106.80-85 with SL around 106.21 for the TP of 108.40.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Major European Indices
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Major Pair levels and bias summary
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/ USD strongly bearish despite upside attempts 



