USD/JPY technical analysis: Greenback is staging a come back above the 109.00 figure price level

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY has been trading in a bear leg below its main simple moving averages (SMAs).
USD/JPY has been consolidating above the 109.00 figure in the last two days.

USD/JPY 4-hour chart

USD/JPY is stabilizing above the 109.00 figure.

USD/JPY 30-minute chart

Bulls will have to overcome 109.80 and the 110.06 resistance in order to move up towards 110.30 and 110.60 level.
Support is at 109.50/30 and the 109.00 round number. A break below 109.00 on a daily closing basis would invalidate the bullish scenario.

Additional key levels

USD/JPY

Overview
Today last price	109.59
Today Daily Change	-0.03
Today Daily Change %	-0.03
Today daily open	109.62

Trends
Daily SMA20	111.1
Daily SMA50	111.18
Daily SMA100	110.53
Daily SMA200	111.45

Levels
Previous Daily High	109.77
Previous Daily Low	109.14
Previous Weekly High	110.96
Previous Weekly Low	109.46
Previous Monthly High	112.4
Previous Monthly Low	110.8
Daily Fibonacci 38.2%	109.53
Daily Fibonacci 61.8%	109.38
Daily Pivot Point S1	109.25
Daily Pivot Point S2	108.88
Daily Pivot Point S3	108.62
Daily Pivot Point R1	109.88
Daily Pivot Point R2	110.14
Daily Pivot Point R3	110.51

Author

Flavio Tosti

Independent Analyst

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