The Dollar is recovering against the safe haven Yen after bottoming out this week. Friday’s high is providing immediate resistance for the bull run, another rejection could see bearish action start again. Hourly indicators are leaned into overbought territory. USD/JPY Chart, 15-Minute Spot rate: 110.06 Relative change: 0.04% High: 110.11 Low: 109.98 Trend: Bullish Support 1: 109.89 (38.2% Fibo level) Support 2: 109.69 (61.8% Fibo level) Support 3: 109.37 (one week low) Resistance 1: 110.21 (one week high) Resistance 2: 110.75 (previous week high) Resistance 3: 111.23 (May 21st swing high) 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 August Bank of England expectations weakened – Scotiabank FX Street 5 years The Dollar is recovering against the safe haven Yen after bottoming out this week. Friday's high is providing immediate resistance for the bull run, another rejection could see bearish action start again. Hourly indicators are leaned into overbought territory. USD/JPY Chart, 15-Minute Spot rate: 110.06 Relative change: 0.04% High: 110.11 Low: 109.98 Trend: Bullish Support 1: 109.89 (38.2% Fibo level) Support 2: 109.69 (61.8% Fibo level) Support 3: 109.37 (one week low) Resistance 1: 110.21 (one week high) Resistance 2: 110.75 (previous week 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.
