USD/JPY is trading inside yesterday’s range still holding on above the 111.00 level and the daily trendline from March, 26. USD/JPY bulls are trying to put an end to the bearish pullback of the last three days but they need to overcome the 200-period simple moving average and the 111.60-111.80 area. On the flip side bears, want a breakout below 111.02-111.16 area and 110.75, July 23 low. USD/JPY 15-minute chart Spot rate: 111.27 Relative change: -0.06% High: 111.53 Low: 110.95 Trend: Bullish / Bearish correction Resistance 1: 111.39 May 21 swing high Resistance 2: 111.60-111.80 area, 23.6% and 38.2% Fibonacci retracement low/high July 11 Resistance 3: 112.19-112.40 area, July 11 high and intraday swing low Resistance 4: 112.64 July 12 high Resistance 5: 113.18, 2018 high Resistance 6: 113.26-113.38, 200-weekly simple moving average and January 8 high Resistance 7: 114.45 October 27, 2017 high Support 1: 111.02-111.16 previous intraday swing lows Support 2: 110.75-110.90, July 23 low and June 15 swing high Support 3: 110.27 July 4 low 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 Technical Analysis: ETH/USD leaps over 7%, as the bulls gear up for a retest of the $500 area FX Street 5 years USD/JPY is trading inside yesterday's range still holding on above the 111.00 level and the daily trendline from March, 26. USD/JPY bulls are trying to put an end to the bearish pullback of the last three days but they need to overcome the 200-period simple moving average and the 111.60-111.80 area. On the flip side bears, want a breakout below 111.02-111.16 area and 110.75, July 23 low. USD/JPY 15-minute chart Spot rate: 111.27 Relative change: -0.06% High: … 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.
