EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout 
FxWirePro-Major European Indices 
FxWirePro: GBP/USD regains upwards momentum but unable to hold above 1.3700 level 
AUDJPY Smashes 30-Month Peak — Buy the Dip, 112 in Sight 
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar 
Iran Unrest Sparks Oil Rally — Bounce Off EMA, Buy Dips to $66.40 Glory 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bulls in Control: Buy-the-Dip Setup Points to 96 Target 
EURJPY Breaks Above 184 – Euro Bulls Charge Toward 187 
FxWirePro: USD/CAD attracts selling interest, vulnerable to more downside 
FxWirePro: NZD/USD slips as New Zealand’s unemployment rises in Q4 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
- RES 4: 121.72 (28TH AUG HIGH)
- RES 3:121.30 ( SEP 10TH HIGH)
- RES 2: 120.75 (61.8% retracement of 121.75 and 119.21)
- RES 1: 120.15 (20 day 4 HMA)
PRICE: 1119.95 @11:54 GMT
- SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72)
- SUP 2: 118.80 (Aug 9th low)
- SUP3 : 118.60 (Sep 9th low)
- SUP 4: 118.20 (61.8% retracement of 116.07 and 121.72)
Harmonic pattern formed: Bearish Butterfly pattern
Potential Reversal Zone (PRZ)-122.60
USD/JPY has recovered till 120.65 after making a low of 119.71 yesterday. It is currently trading at 120.49.
Short term trend is still bullish as long as support 119.60 holds and break below drag the pair further down till 119/118.60.
On the higher side short term resistance is around 120.75 and any break above targets 121.30/122.
It is good to buy at dips around 119.70 with SL around 119 for the TP of 121.30/122
