USDJPY Technical Levels

[csc2009]

The pair probably will continue its consolidation movement as long as support level 117.00 still holds, break below my next target will be around 116.60 level.

 

[csc2009]

With downside limited above 116.00 level and lack of fundamental news, the pair would probably keep ranging, immediate resistance level can be found around 117.20 zone.

 

[fxstrategist]

The 118.64 level has proven to be a good resistance for the USDJPY, but if risk appetite continues, the pair may break above that level and maybe visit the 119.00 level.

 

[fxstrategist]

The rallied continue on the USD/JPY during today's session, but it lost some steam when it got close to the 116.00 zone. The pair could go back down.

 

[fxstrategist]

The USDJPY is still between the 114.00 level and the 116.00 level. There is no clear direction on the pair until it breaks one of those levels.

 

[csc2009]

Following last week bullish performance, UJ upward potential remains after testing 114.00 level, the pair settled just below the level.

 

[csc2009]

Despite strong dollar, Usd/Jpy continue trading sideways in a narrow range, the pair is lack of strength to confirm further bearish trend.

 

[csc2009]

The pair seems lost its upward momentum, break below important support level 103.00 would lead to further decline. My next target is 112.50.

 

[csc2009]

Usd/Jpy remain bearish, break support level at 111.90 might lead to further decline.

 

[csc2009]

Usd/Jpy is consolidating around 114.00 level while remains in the positive territory, but on the upside the pair seems limited at 114.75.