USD/JPY technical analysis: Greenback at its highest in 4 days against Yen - 110.00 figure is the next big hurdle for bulls


USD/JPY daily chart

USD/JPY is attempting to establish a base above the 109.00 figure.


USD/JPY 4-hour chart


USD/JPY is challenging the 110.00 figure and the 50 SMA. 


USD/JPY 30-minute chart

USD/JPY is trading above its main SMAs suggesting a bullish bias in the near term. 
Bulls need to break above 110.06 strong resistance to move up towards the 110.30 and 110.60 price levels.
Support is at 109.80 and the 109.65 price level. A break below 109.00 on a daily closing basis can invalidate the bullish bias.


Additional key levels

USD/JPY

Overview
Today last price 109.85
Today Daily Change 0.26
Today Daily Change % 0.24
Today daily open 109.59
 
Trends
Daily SMA20 110.97
Daily SMA50 111.14
Daily SMA100 110.51
Daily SMA200 111.45
Levels
Previous Daily High 109.71
Previous Daily Low 109.15
Previous Weekly High 110.96
Previous Weekly Low 109.46
Previous Monthly High 112.4
Previous Monthly Low 110.8
Daily Fibonacci 38.2% 109.37
Daily Fibonacci 61.8% 109.5
Daily Pivot Point S1 109.26
Daily Pivot Point S2 108.93
Daily Pivot Point S3 108.71
Daily Pivot Point R1 109.82
Daily Pivot Point R2 110.04
Daily Pivot Point R3 110.37

 

 

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