USD/JPY broke above the 111.00 figure on exceptional USD demand. USD/JPY is nearing the 2020 high located at the 112.22 level. USD/JPY daily chart USD/JPY is reversing sharply from the 2020 lows now en route towards the 2020 high as market participants are rushing to the USD. USD/JPY four-hour chart USD/JPY is breaking new weekly highs into Friday while nearing the 112.00 figure. A break beyond the above-mentioned level should lead to further price appreciation towards the 113.00 and 114.00 price levels. Support is expected to hold near 111.00, 110.00 and 109.50 levels. Resistance: 112.00, 113.00, 114.00 Support: 111.00, 110, 109.50, Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD rebound toward 1.4400 as DXY erases majority of early losses FX Street 2 years USD/JPY broke above the 111.00 figure on exceptional USD demand. USD/JPY is nearing the 2020 high located at the 112.22 level. USD/JPY daily chart USD/JPY is reversing sharply from the 2020 lows now en route towards the 2020 high as market participants are rushing to the USD. USD/JPY four-hour chart USD/JPY is breaking new weekly highs into Friday while nearing the 112.00 figure. A break beyond the above-mentioned level should lead to further price appreciation towards the 113.00 and 114.00 price levels. Support is expected to hold near 111.00, 110.00 and 109.50 levels. … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.