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USD/JPY Technical Analysis: looking for further upside from 111.00

  • Dollar-Yen pairing holding to the middle ahead of US NFP Friday with a thinning0out calendar ahead.
  • USD bulls looking to mount over the 111.00 technical level and stage a recovery of previous swing highs.
  • Higher swing lows are marking in a growing medium-term uptrend.

USD/JPY Chart, 15-Minute

Spot rate: 111.38
Relative change: -0.12%
High: 111.53
Low: 111.17
   
Trend: Sideways
   
Support 1: 111.17 (current day low)
Support 2: 111.00 (major technical level)
Support 3: 110.85 (current week low)
   
Resistance 1: 111.75 (current week high)
Resistance 2: 112.00 (current week high)
Resistance 3: 113.38 (2018 technical top)

 

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