Harmonic pattern- Bearish Gartley pattern
Potential Reversal Zone (PRZ)- 113.20
USDJPY jumped more than 200 pips from the low of 110.38 in the past two trading days. The pair hits high of 112.44 and shown a minor decline. It has formed bearish gartley pattern and major near term resistance is around 112.50 and any break above targets 113.20/114/114.73.
On the lower side, near term support is around 112 and any violation below will drag the pair down till 111.47 (100- 4H MA)/111. It should break below 110 for further weakness.
It is good to sell on rallies around 112.40-45 with SL around 113 for the TP of 111/110.40.
Resistance
R1- 112.50
R2 - 113.20
R3- 114
Support
S1- 112
S2- 111
S3- 110


FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: USD/CNY edges higher, outlook bearish
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: AUD/USD cedes early gains ,outlook bearish 



