USDJPY

USDJPY

The USDJPY pair is now trading below the 111.90 daily resistance level. As long as the remains stable below that level on a daily basis, we expect the bearish action may gain momentum. In this case, we will follow 110.50 and 109.75 as support level. Although, if the pair goes beyond 111.90, the next resistance level will be at 112.75.


 
Support: 110.50-109.75-108.90

 

Resistance: 111.90-112.75-113.60

19 May 17 (Fri)

11:59 am



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