USD / JPY Technical Analysis - Uniglobe Markets

USD / JPY Technical Analysis

Posted on February 13, 2019 at 06:46 AM

The dollar continues to trade against the positive Japanese yen, and is now settling around 110.50. His stability around this level will keep our positive outlook for the pair. We target 111.50 to confirm the bullish trend, but when breaching 110.00 will put the price in negative trading.

Support: 109.90

Resistance: 111.50

The pair is moving higher above 110.50 targeting 111.50 as long as it maintains stability above 110.00

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