USD/JPY daily chart
- USD/JPY is consolidating just below the 111.50 resistance and the 200-day simple moving average (SMA).
USD/JPY 4-hour chart
- USD/JPY is trading above its main SMAs suggesting a bullish bias in the medium-term.
USD/JPY 30-minute chart
- USD/JPY is trading above its main SMAs suggesting a bullish bias in the short-term.
- The key level the beat for bulls is 111.50 resistance. If surpassed the next resistance is seen at the 111.80 and the 112.00 figure.
- Looking down, immediate support is at 111.20 and 110.80 level.
Additional key levels
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