FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
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- RES4: 124.13 (2007 High)
- RES3:123.41 (138.2% retracement of 122.01 and 118.32)
- RES2: 122.05 (Mar 3rd high)
- RES1 121.49 (161.8% retracement of 120.49 and 118.87)
PRICE: 120.90 @ 05:43 GMT
- SUP1: 120.50 (20 day HMA)
- SUP2: 119.77 (200 day HMA)
- SUP 3: 119.50 (Cloud Bottom )
- SUP 4 118.87 (May 14th High)
COMMENTARY:
USD/JPY has broken short term resistance 120.80 and this confirms short term bullishness, a jump till 122 cannot be ruled out.
Short term bullish invalidation level-118.18. Any break below 118.18 will drag the pair further down till 116.85/115.90 in short term.
Indicator (1 Hours chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy
It is good to buy USD/JPY around 120.90 with stop around 120.48 for the target of 122.
