USD/JPY Technical Analysis: 112.60 bull target achieved - Next objective is the 113.00 figure

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY is in a bull trend above the 200-day simple moving average (SMA).
As forecast, USD/JPY hit the 112.60 target.

USD/JPY 4-hour chart

USD/JPY is trading below its main SMAs.
USD/JPY found some support at the November lows and the 112.20 level.

USD/JPY 30-minute chart

USD/JPY found some short-term resistance at the 50 SMA.
The next bull target should be the 113.00 figure.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 112.68
    Today Daily change: -54 pips
    Today Daily change %: -0.477%
    Today Daily Open: 113.22
Trends:
    Previous Daily SMA20: 113.35
    Previous Daily SMA50: 113.09
    Previous Daily SMA100: 112.25
    Previous Daily SMA200: 110.52
Levels:
    Previous Daily High: 113.24
    Previous Daily Low: 112.65
    Previous Weekly High: 114.04
    Previous Weekly Low: 112.88
    Previous Monthly High: 114.25
    Previous Monthly Low: 112.3
    Previous Daily Fibonacci 38.2%: 113.02
    Previous Daily Fibonacci 61.8%: 112.88
    Previous Daily Pivot Point S1: 112.83
    Previous Daily Pivot Point S2: 112.44
    Previous Daily Pivot Point S3: 112.24
    Previous Daily Pivot Point R1: 113.43
    Previous Daily Pivot Point R2: 113.63
    Previous Daily Pivot Point R3: 114.02

Author

Flavio Tosti

Independent Analyst

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