USD / JPY Technical Analysis - Uniglobe Markets

USD / JPY Technical Analysis

Posted on November 27, 2018 at 07:24 AM

The pair is rising against the Japanese yen and settling around 113.50, stability above this level could ensure further upside in the coming days.

Therefore, stability above 114.00 resistance will keep the pair attempting to rise to reach the 114.50 level as the first target, and the upside will continue for the pair unless 113.00 is breached.

Support: 113.00

Resistance: 114.80

Trend: The pair is trading above 113.50 targeting the 114.50 level with stability at 113.00

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