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USDJPY News

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Last Updated Date: 3 May 2021 @ 7:41 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is bullish with the steady strong push into new highs keeping trade positioned for rallies. The weekly chart implies pressing bull moves to 110.03. Any corrective dips should only last 1-2 days to maintain the momentum of the drive and suspect support around last week’s 108.70 congestion. A close under 108.46 is needed to alert for a short term top.

Resistance 2       109.87
Resistance 1       109.59
 

Support 1            109.00
Support 2            108.70


 
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