- GBP/JPY declined sharply and has broken major support 141.55 low made on Aug 31st 2017 after hitting high of 142.99 and any further bullishness can be seen only above 143.20. The JPY trades higher against all major pair after renewed tensions in North Korea. It is currently trading around 141.7.
- The pair declined till 141.19 from the minor top of 142.99. The decline from 147.77 will come to a n end at 139.30 if the pair breaks above 143.20 level.
- On the lower side, major support is around 141.40. Any break below 141.40 will drag the pair till 141 (200- H MA)/140. Minor bearish continuation only below 139.30 level.
- The near term resistance is around 142.65 (34- day EMA) and any break above will take the pair till 143.20/144.
It is good to sell on rallies around 141.85-90 with SL around 143.20 for the TP of 139.40.
Resistance
R1- 142.25
R2 143.20
R3- 144
Support
S1-141
S2-140
S3-139.30


FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro: USD/JPY bears maintain upper hand
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 



