USD/JPY US dollar attempts to break through resistance at 110.605

Denis Joeli Fatiaki Independent Analyst

The US dollar against the Yen has progressed to the upside since breaking above110.250 resistance during the Asian trades in yesterday's session. The US dollar managed to push through to 110.604 resistance during the European session, but now it's under pressure trying to breakthrough 110.604. The next target is at around 110.900 if it gets through the current obstacle. The immediate support is at 110.418

Author

Denis Joeli Fatiaki

Independent Analyst

Denis Joeli Fatiaki possesses over a decade of extensive experience as a multi-asset trader and Market Strategist.

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