Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
Dollar fell to 6-week low vs safe-haven yen, as the Japanese currency continues to enjoy the safe-haven status against its American counterpart.
- China concerns, Shanghai Composite plunge behind market turmoil, set to continue weighing on USD
- USD/JPY likely lower, currently trading at 121.09, with next resistance seen at 121.57 (76.2% of 120.41-125.28), above which it could extend gains to 121.93 (Day's High)
- Bias remains lower, immediate support might be located at 120.71 (Day's Low) below which 120.44 (July 9 Low) offer strong support
- Data calendar for the day remains absolutely empty, offering little for further momentum in the pair
Recommendation: Good to sell rallies around 121.30/40, SL: 121.90, TP: 120.70
