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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USDJPY and GBPJPY) for the day)

Pair Value Recommendation
GBPJPY -387.86 Strong Sell
USDJPY -413.83 Strong Sell

GBPJPY

Major resistance-160.65

Near-term support- 158.50

Trend reversal level-  158.50

USDJPY

Major resistance-131.66

Near-term support- 130.50

Trend reversal level-  129.79

Above (-150): Sell 

Above (-300): Strong Sell 

Above 150: Buy

Above 300: Strong Buy

 

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