USD/JPY is trading in one-month highs on the second day of the week. The level to beat for bulls is the 108.20 resistance. USD/JPY four-hour chart USD/JPY is in fresh May’s highs above the main SMAs on the four-hour chart. Buyers want a continuation of the upward movement eyeing a break above the 108.20 resistance en route towards the 109.00 figure. A daily close above the 107.75 resistance would be seen as bullish. On the other hand, support can be found near 107.40 and 107.00 levels. 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 UK’s Sunak: Official forecasts point to double-digit jobless rate FX Street 2 years USD/JPY is trading in one-month highs on the second day of the week. The level to beat for bulls is the 108.20 resistance. USD/JPY four-hour chart USD/JPY is in fresh May’s highs above the main SMAs on the four-hour chart. Buyers want a continuation of the upward movement eyeing a break above the 108.20 resistance en route towards the 109.00 figure. A daily close above the 107.75 resistance would be seen as bullish. On the other hand, support can be found near 107.40 and 107.00 levels. Additional key levels Top 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.