USD / JPY Technical Analysis - Uniglobe Markets

USD / JPY Technical Analysis

Posted on April 23, 2019 at 05:26 AM

USD / JPY remains stable around 111.90. We will maintain our positive outlook for the pair as stability above this level is important to confirm the bullish trend. We target 113.00 to confirm the upside move, but when breaching 111.50 will put the price in negative trading.

Support: 111.70

Resistance: 112.40

The pair is trending above the 112.00 level and targeting 113.00 as long as it maintains stability above 111.50

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