USD/JPY is hanging near 10-month highs in the New York session. The level to beat for bulls is the 112.125 resistance. USD/JPY daily chart USD/JPY broke above a bull channel while above the main daily simple moving averages (SMAs). The spot is again having an above-average intraday rally for the second consecutive day. USD/JPY four-hour chart USD/JPY is trading at ten-month highs as the market is spiking well above the main SMAs. USD/JPY is consolidating above-average gains near the 112.00 figure. Bulls are looking for an extension of the bull move above the 112.15 resistance en route towards the 112.40 and 112.62 levels. Dips could find support near the 112.00, 111.45 and 111.21 levels, according to the Technical Confluences Indicator. Resistance: 112.15, 112.40, 112.62 Support: 112.00, 111.45, 111.21 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 Ethereum Price Analysis: ETH/USD deadly daily double top FX Street 2 years USD/JPY is hanging near 10-month highs in the New York session. The level to beat for bulls is the 112.125 resistance. USD/JPY daily chart USD/JPY broke above a bull channel while above the main daily simple moving averages (SMAs). The spot is again having an above-average intraday rally for the second consecutive day. USD/JPY four-hour chart USD/JPY is trading at ten-month highs as the market is spiking well above the main SMAs. USD/JPY is consolidating above-average gains near the 112.00 figure. Bulls are looking for an extension of the bull move above the 112.15 resistance en… 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.
