EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
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FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
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FxWirePro- Woodies Pivot(Major) 
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GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
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USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
- RES 4 : 122.35
- RES 3: 121.75 (61.8% retracement of 125.27 and 116.07)
- RES 2: 120.62 (20 day 4 hma)
- RES 1 : 120.10 (7 day 4 HEMA)
PRICE: 120.07 @10:14 GMT
- SUP 1:119.56 (38.2% retracement of 116.07 and 121.72)
- SUP 2 :118.40 (25th Aug low)
- SUP 3: 118
- SUP 4: 116.07 (Aug 24th 2015)
USD/JPY has recovered after making a low of 119.21 and is currently trading at 119.96. The pair's major intraday resistance is around 120.60 (Support turned into resistance and also 200 day HMA).
It has formed double bottom around 119.20 and any further weakness only below 119.20.
Yen rallied against all major currencies due to sell off in global equities.
Any break above 120.60 will take the pair further up till 121/121.40 in short term.
The minor support is around 119.80 and break below extend losses till 119.20/118.25.
Bearish invalidation only above 121.75.
It is good to buy at dips around 120.-120.05 with SL around 119.20 for the TP of 121/121.70.
