- RES 4: 121
- RES 3 : 120.63 (50% retracement of 125.27 and 116.07)
- RES 2: 120.30 (Tenken-sen)
- RES 1:119.50 (7 day 4H EMA)
PRICE: 119.56 @11:31 GMT
- SUP 3 :118.40 (25th Aug low)
- SUP 4: 118
- SUP3: 116.07 (24th Aug)
- SUP 4 : 115.55 (Dec 16th low)
Potential Reversal Zone- 118
USD/JPY has made a high of 120.38 yesterday and retreated till 118.43 today in Asian session.It is currently trading at 119.14. Overall trend is bullish as long as support 118 holds.
Any further weakness can be seen only below 118 level. Any break below 118 will drag the pair further down till 117/116 in short term.
The pair is facing short term resistance around and any indicative break above would extend gains till 121/121.60.
It is good to buy at dips around 118.50 with SL around 118 for the TP of 120.30


FxWirePro- Major European Indices
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
GBP/JPY Technical Outlook: Pound Gains Ground Amid Geopolitical Consolidation
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro- Major Pair levels and bias summary
Bitcoin Retreats as Geopolitical Tensions Flare: BTC/USD Dips Following Iran’s Rejection of Ceasefire
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro- Major European Indices
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro: AUD/USD edges higher but bearish outlook persists
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge 



