USDJPY News

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Last Updated Date: 7 April 2021 @ 7:09 AM (UTC)
*Please note that all the dates are in GMT time zone

The USD/JPY pair inched down 0.01% to 109.73 continuing its decline from the one-year high of 110.97 reached during the previous week.

The  market is bearish and warns for declines against  109.30 - 109.00. Any minor corrective rebounds trapped inside Tuesday’s downturn will remain setup for selloffs. A rally over 110.30 voids pressing bear forces. A close over  110.68  highlights a reversing turn to higher levels.

Resistance 2         110.24
Resistance 1         109.96
 

Support 1             109.50
Support 2             109.30


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