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USDJPY News

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Last Updated Date: 24 May 2021 @ 9:18 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDJPY market is signaling a short term up trend posture. A close over 109.30 calls for a push against the last peaking/swing high levels. A close over 109.40 is bullish and creates potential for a breakout attack over the 109.8 high. Trade may congest back into last week’s congestion zone, but holding off 108.65 keeps the market aligned for rallies. A close under 108.30 cautions for a negative turnover.

Resistance 2      109.39
Resistance 1      109.11
 

Support 1           108.65
Support 2           108.37


 
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