“¢ Resurgent USD demand/fading safe-haven demand helps build on overnight strong gains and continue with the bullish momentum further beyond the 111.00 handle. “¢ A move beyond early July highs, around the 111.15 zone, was key for buyers and could be attributed to the latest leg of a sharp spike over the past few hours. “¢ Bulls now eye a decisive move beyond May swing high resistance, near the 111.40 region, also coinciding with 61.8% Fibonacci expansion level of the 109.37-111.14 up-move and subsequent retracement. USD/JPY 1-hourly chart Spot rate: 111.32 Daily Low: 110.78 Trend: Bullish Resistance R1: 111.63 (R3 daily pivot-point) R2: 112.00 (round figure mark) R3: 112.26 (horizontal zone) Support S1: 111.00 (previous strong resistance) S2: 110.78 (current day swing low) S3: 110.49 (S1 daily pivot-point) 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 Chinese regulator warns against needless optimism towards cryptocurrencies; Bitcoin loses 3% within hours FX Street 3 years "¢ Resurgent USD demand/fading safe-haven demand helps build on overnight strong gains and continue with the bullish momentum further beyond the 111.00 handle. "¢ A move beyond early July highs, around the 111.15 zone, was key for buyers and could be attributed to the latest leg of a sharp spike over the past few hours. "¢ Bulls now eye a decisive move beyond May swing high resistance, near the 111.40 region, also coinciding with 61.8% Fibonacci expansion level of the 109.37-111.14 up-move and subsequent retracement. USD/JPY 1-hourly chart Spot rate: 111.32 Daily… 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.
