USDJPY Technical Levels

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USDJPY Technical Levels - 17.08.2016

Technically, USDJPY next immediate support below at 99.530, 98.980 and 98.000 levels. Upside resistance above at 101.330, 102.000 and 102.260 levels.
Trend overall looking slightly bearish at the moment.

Regards,
Ram Purushothaman
PCM Brokers DMCC
 
The risk remains on the upside, but on the downside critical support level can be seen around 101.00 level.
 
Immediate resistance level can be found around 104.30/40 zone, break above could mean bullish trend continues higher towards next psychological level at 105.00.
 
A little pulled back after the pair hit fresh daily high at 103.06, but the pair remains bullish above immediate support level at 101.95 level.
 
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