Home USD/JPY Technical Analysis: Greenback bulls at weekly highs battling with the 113.00 resistance
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USD/JPY Technical Analysis: Greenback bulls at weekly highs battling with the 113.00 resistance

  • USD/JPY is trading in a range between the 112.000 and 113.00 level.  
  • USD/JPY bulls drove the market to 113.00 resistance and the bulls will need to overcome this obstacle if they want to reclaim the 113.50 level.  
  • Failure to break 113.00 can lead to a rotation down to 112.50.  

USD/JPY 4-hour chart

Main trend:               Neutral

Resistance 1:    113.00 figure
Resistance 2:    113.55 October 2 low
Resistance 3:    114.00 figure

Support 1:    112.55 September 27 low
Support 2:    112.55 September 27 low
Support 3:    112.00-112.17 zone, figure and August 1 swing high
Support 4:    111.00 figure
Support 5:    110.35 September Low
Support 6:    109.75 August low

 

Additional key levels at a glance:

USD/JPY

Overview:
       Last Price:  112.8
       Daily change:  43  pips
       Daily change:  0.383%
       Daily Open:  112.37
Trends:
       Daily SMA20:  112.72
       Daily SMA50:  112.17
       Daily SMA100:  111.6
       Daily SMA200:  109.87
Levels:
       Daily High:  112.58
       Daily Low:  111.78
       Weekly High:  112.9
       Weekly Low:  111.38
       Monthly High:  113.71
       Monthly Low:  110.38
       Daily Fibonacci 38.2%:  112.27
       Daily Fibonacci 61.8%:  112.08
       Daily Pivot Point S1:  111.9
       Daily Pivot Point S2:  111.44
       Daily Pivot Point S3:  111.1
       Daily Pivot Point R1:  112.71
       Daily Pivot Point R2:  113.05
       Daily Pivot Point R3:  113.51

 

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