USD/JPY Technical Analysis: Greenback holding on above 110.80 level

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY is trading in a deep pullback below the 200-day simple moving averages (SMAs) on the daily chart.

USD/JPY 4-hour chart

USD/JPY is trading above its main SMAs suggesting bullish momentum in the medium-term.

USD/JPY 30-minute chart

USD/JPY is trading above the main SMAs suggesting bullish momentum in the short-term.
Bulls might try to reach 111.00 and 111.20 level.
Supports to the downside are seen at 110.50 and 110.30 level.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 110.84
    Today Daily change: 23 pips
    Today Daily change %: 0.21%
    Today Daily Open: 110.61
Trends:
    Daily SMA20: 109.92
    Daily SMA50: 110.06
    Daily SMA100: 111.55
    Daily SMA200: 111.31
Levels:
    Previous Daily High: 110.82
    Previous Daily Low: 110.44
    Previous Weekly High: 111.13
    Previous Weekly Low: 109.7
    Previous Monthly High: 110
    Previous Monthly Low: 104.75
    Daily Fibonacci 38.2%: 110.68
    Daily Fibonacci 61.8%: 110.58
    Daily Pivot Point S1: 110.42
    Daily Pivot Point S2: 110.23
    Daily Pivot Point S3: 110.03
    Daily Pivot Point R1: 110.81
    Daily Pivot Point R2: 111.01
    Daily Pivot Point R3: 111.2

Author

Flavio Tosti

Independent Analyst

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