- RES 4: 120.75 (61.8% retracement of 121.75 and 119.21)
- RES 3: 120.35 (55 DAY 4H EMA)
- RES 2: 119.75 (20 day HMA)
- RES 1 : 119.30 (7 day 4 HEMA)
PRICE: 119.35 @11:25 GMT
- SUP 1 :118.40 (25th Aug low)
- SUP 2: 118
- SUP 3: 116.07 (Aug 24th 2015)
- SUP 4: 115.55
USD/JPY has made a low of 118.60 on Friday and slightly recovered till 119.58 in today morning. Overall trend is bullish as long as support 118.40 holds.
On the higher side minor resistance is around 119.60 and any break above would extend gains till 120.20/120.75 in short term.
The pair's short term support is around 118.75 and break below targets 118.40/118. Overall bullish invalidation only below Aug 24th 2015 low.
It is good to buy at dips around 119.15-20 with SL around 118.40 for the TP of 120.20/120.75


FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major European Indices
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 



