GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
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AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
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NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
- RES 4:126.20
- RES 3 : 125.79 (161.8% retracement of 121.83 and 115.55)
- RES2: 124.13 (2007 High)
- RES1:123.41 (138.2% retracement of 122.01 and 118.32)
PRICE: 122.77 @ 05:46 GMT
- SUP1: 122.50 (Kijun-Sen)
- SUP2: 121.60 (Cloud top)
- SUP3:120.90 (200 day HMA)
- SUP4: 120.50 (61.8% retracement of 118.90 and 123.31)
USD/JPY has slightly retreated after making high of 123.31. Intraday trend is bullish as long as support 122.70 holds.
Any break below 122.70 will drag the pair further down till 122.40/122.
It is good to buy around 123-123.05 with SL 122.70 for TP 124.13.
