- RES4 :125
- RES3 : 124.50 (Jun 17th high)
- RES 2: 123.65 (61.8 % retracement of 124.43 and 122.47)
- RES 1:123.28 (200 day HMA)
PRICE: 122.895 @ 10:26 GMT
- SUP 1 :122.48 (20 day HMA)
- SUP 1: 122 (Jun 28th low)
- SUP 2 : 121.50 (61.8% retracement of 125.84 and 118.87)
- SUP 3: 121.25 (161.8% retracement of 122.47 and 124.36)
USD/JPY has made a low of 121.97 and jumped till 123 in European session. Overall trend is bullish as long as support 122 holds.
Intraday resistance is at 123 and break above will target 123.50/124.15
Major intraday support - 122 break below confirms further weakness, a decline till 121.27 (161.8% of 122.47 and 124.36) is possible.
It is good to buy at dips around 122.50 with SL around 122 for the TP of 123.60.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD hits one-month high, scope for further upside
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: AUD/USD remains buoyant, looks to extend gains
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro- Woodies pivot (Major)
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 



