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FxWirePro- Woodies Pivot(Major) 
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
FxWirePro- Woodies Pivot(Major) 
- RES 4:127.55 (61.8% Projection of 118.90 to 125.04 from 123.74)
- RES 3 : 126.50
- RES2: 125.84 (161.8% retracement of 125.04 and 123.74)
- RES 1: 125.49 (20 day HMA)
PRICE: 124.18 @ 10:43 GMT
- SUP 1: 124.40 (200 day HMA)
- SUP 2: 123.70 (Jun 2nd low)
- SUP 3: 123.10 (38.2% retracement of 118.87 and 125.84)
- SUP 4 : 122.70 (May 27th low)
USD/JPY has broken short term support 125 and is trading well below that level. The major support is around 124.30 and any break below will drag the pair further down till 123.74/123.50.
On the upside minor resistance is around 125 any break above would extend gains till 125.60/125.85.
It is good sell on rallies around 124.55-60 with SL around 125.05 for the TP of 123.75.
