USDJPY

USDJPY

The USDJPY pair tested the 113.60 key support level but it could not break that level yesterday.. As long as the pair remains above 113.60 on four-hourly basis, we expect the positive view may continue. At this point, we will face resistance levels at 114.80 and 115.85. Although, if the pair drops below 113.60, the next support level will be at 112.75.

 

Support: 113.60-112.75-111.90

 

Resistance: 114.80-115.85-116.70

12 May 17 (Fri)

09:57 am



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