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USDJPY News

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Last Updated Date: 6 May 2021 @ 8:14 AM (UTC)
*Please note that all the dates are in GMT time zone

The climbing trade targets secondary rallies back to 109.70. A close over 109.70 is needed to signal for a strong bull wave to attack beyond the last 110.55 high. The drive is struggling against 109.48 and we should be alert for a reactionary drop back along 1109.00. Only a close under 108.70 highlights a short term topping turnover.

Resistance 2       109.70
Resistance 1       109.42

 
Support 1            109.00
Support 2            108.70


 
 
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