USDJPY Weekly Technical Analysis (20-24 July, 2015) | July 19, 2015

usdjpy is near to resistance level. 124.30-124.40 level is good resistance for this pair. Usdjpy is facing some resistance. If it can break this level then we can get more bullish movement on this pair. This pair is on bullish momentum. So we should find buy entry from this pair. We can use 100 and 200 moving average for finding buy entry from this pair. 123 level is good buy zone for this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 125.55

Resistance One (R1): 124.79

Pivot Point: 123.47

Support One (S1): 122.71

Support Two (S2): 121.39