- RES 4: 123
- RES 3: 122.01 (Mar 10th high)
- RES 2: 121.20 (20th Mar high)
- RES 1: 120.43 (7th Apr high)
PRICE: 120.21 @ 5:09 GMT - SUP 1: 120.02 (Tenken-Sen)
- SUP 2: 119.50 (Kijun-Sen)
- SUP 3: 116.85 (Mar 2nd low)
- SUP 4: 115.55 (Dec 16th high)
COMMENTARY:
USD/JPY has recovered after making a low of 119.57 after release of hawkish FOMC minutes meeting. Fed officials divided on a Jun rate lift -off . A large majority of Fed officials see rate hike coming in late 2015.
On the upside minor resistance is around 120.50 and any break above would extend gains till 121.18/122.01.
It is good to buy around 120 for the target of 121.18/122 with stop around 119.50.


FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro- Major European Indices
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: GBP/NZD edges higher but bearish outlook persists
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Woodies Pivot(Major)
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 



