- The pair has made low of 123.32 and closed at 123.35 yesterday. It has broken major support in Asian session as Asian markets extend their free fall for the second straight session. The demand for safe haven assets like gold, yen, long-end treasuries.
- USD/JPY is trading near major trend line support 122.70 (trend line joining 105.18 and 120.45) and any break below will drag the pair further down till 122.20/121.95.
- On the higher side major intraday resistance is around 123.40 and any break above would extend gains till 123.75/124/124.20.
It is good to buy at dips around 122.80-85 with SL around 122.20 for the TP of 123.75/124.15


EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: NZD/USD sustains gains as uptrend remains strong
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 



