The Dollar’Yen pairing is seeing limited bullish moves after recovering from a bottom at 110.75, and Dollar bulls are looking for a push higher. Current intraday action is being constrained by a lateral wedge on Hourly candles, traders will be looking for a straddle to break to either side. USD/JPY Chart, 15-Minute Spot rate: 111.25 Relative change: 0.10% High: 111.31 Low: 111.12 Trend: Flat to bullish Support 1: 110.95 (previous day low) Support 2: 110.74 ( previous week low) Support 3: 110.27 (July 4th swing low) Resistance 1: 111.53 (current week high) Resistance 2: 112.24 (61.8% Fibo retracement level) Resistance 3: 113.16 (previous week 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 China to become more flexible on monetary policy – China Press FX Street 5 years The Dollar'Yen pairing is seeing limited bullish moves after recovering from a bottom at 110.75, and Dollar bulls are looking for a push higher. Current intraday action is being constrained by a lateral wedge on Hourly candles, traders will be looking for a straddle to break to either side. USD/JPY Chart, 15-Minute Spot rate: 111.25 Relative change: 0.10% High: 111.31 Low: 111.12 Trend: Flat to bullish Support 1: 110.95 (previous day low) Support 2: 110.74 ( previous week low) Support 3: 110.27 (July 4th swing low) … 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.
