USD/JPY is currently testing the weekly high at 110.05. USD/JPY broke above the bearish trendline and is currently trading above the 200-period simple moving average on the 15-minute time-frame suggesting a bullish bias for the coming sessions. USD/JPY exceeded its average daily range as it tested Monday’s high, therefore it is reasonable to expect some profit-taking in the coming hours. USD/JPY 15-minute chart Spot rate: 109.95 Relative change: 0.16% High: 110.06 Low: 109.37 Trend: Bullish Resistance 1: 109.90-110.00 supply level, figure Resistance 2: 110.21 June 22 high Resistance 3: 110.56 supply level Support 1: 109.48-109.55, daily 50-period SMA June 19 low Support 2: 109.20 June 8 low Support 3: 108.70 demand level 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 Litecoin Technical Analysis: LTC/USD at jeopardy of retesting the lows seen on 24th June at $73.39, which could be disastrous for any bull hopes FX Street 5 years USD/JPY is currently testing the weekly high at 110.05. USD/JPY broke above the bearish trendline and is currently trading above the 200-period simple moving average on the 15-minute time-frame suggesting a bullish bias for the coming sessions. USD/JPY exceeded its average daily range as it tested Monday's high, therefore it is reasonable to expect some profit-taking in the coming hours. USD/JPY 15-minute chart Spot rate: 109.95 Relative change: 0.16% 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.
