- Major support – 108 (7 day EMA)
- Major resistance – 108.81 (21 day MA)
- USD/JPY has taken support near 7 day EMA and slightly recovered from that level. It is currently trading around 108.75.
- Minor weakness can be seen only below 108 level. Any break below 108 will drag the pair down till 107.45 (Tenken-Sen)/106.99 (61.8% retracement of 105.54 and 109.36).
- On the higher side major intraday resistance is around 108.81 and any indicative break above targets 109.50 (61.8% retracement of 111.88 and 105.54).
- The pair should break above 109.50 for further upside till 110/110.72.
It is good to buy at dips around 108.75-108.80 with SL around 108 for the TP of 110/110.70.
R1-109.50
R2-110
R3-110.72
Support
S1-108
S2-107.45
S3- 106.99


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



