USDJPY Technical Levels

[csc2009]

Usd/Jpy is consolidating on the downside, found support around 108.80/70 zone, further decline might be expect if break below the support level.

 

[csc2009]

The pair remains in the negative territory while continue showing no clear directional strength.

 

[csc2009]

North Korea weighed in, the pair has a big gap down.

 

[csc2009]

React on North Korea did not launch any missile on the weekend, Usd/Jpy has a gap up in H4 chart.

 

[csc2009]

Usd/Jpy started the week with a bullish gap, and consolidating further push the resistance level to around 111.30/40 zone.

 

[csc2009]

The pair remains bullish although upside seems limited to resistance level at 112.70, break above for further gains.

 

[csc2009]

The pair remains strong upward momentum, resistance level can be found at 113 handle and follow by 113.25/30 zone.

 

[fxstrategist]

The USDJPY goes back up to the 113.00 zone and its if forming an ascending triangle on the daily chart or a pennant. A breakout of the 113.00 level could accelerate its bullish momentum towards the high at the 114.49 level.

 

[csc2009]

Usd/Jpy turn negative on North Korea missile test, but short term the pair is within the range between 112 to 113.

 

[csc2009]

Usd/Jpy has just recovered 112 level, as long as the pair trading above it's long term critical support level at 111.10, I believe the risk remains on the upside.