- USD/JPY has made a high of 123.75 and declined from that level. It is currently trading around 123.10.
- Overall trend is neutral and any break below 122.80 confirms slight weakness, decline till 122 is possible.
- On the higher side major resistance is around 123.75 and break above targets 122.50/122.
It is good to sell only below 122.80 with SL around 123.40 for the TP of 122/121.80


Major pair currency score: EURUSD, NZDUSD, AUDUSD extremely bearish, USDCAD, USDCHF bullish
FxWirePro: USD/ZAR climbs as firmer dollar pressures rand
FxWirePro: EUR/NZD eases slightly but outlook is bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD cedes early gains, outlook bearish
EUR/JPY Technical Outlook: Selling the Rallies Near 178.50 as Euro Momentum Fades
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro: USD/ZAR dips as rand firms on stronger economic data
FxWirePro- Woodies Pivot
AUD/JPY Technical Outlook: Fading the 100-Pip Rally Near 110.25 Resistance
FxWirePro: USD/JPY rebounds above 157 as dollar firms
NZD/JPY Technical Analysis: Sell-on-Rallies Strategy Eyed Below 90.80 Resistance
FxWirePro: AUD/USD trades flat, retains downside bias
FxWirePro: GBP/USD hits three month low, scope for further downside
FxWirePro: GBP/AUD extends gains after stronger UK second-quarter growth
FxWirePro: EUR/NZD stuck in a range but outlook is bullish 



