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USD/JPY technical analysis: Greenback jumps more than 140 pips on trade war news

  • USD/JPY is on the rise as additional tariffs on some products will be delayed to December 15.
  • USD/JPY might appreciate to 107.10 resistance in the next few days.
Breaking: USTR additional tariffs on some products will be delayed to December 15
 

USD/JPY 30-minute chart

 
The market is rising sharply and breaking several levels of resistance. Bulls likely intend to reach 107.10 resistance on the way up. Immediate support is seen at 106.30 and the 106.12 levels.
 
 

Additional key levels

 

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