USD/JPY moved above the 110.45 level but bulls are hesitating. The pair is holding around the weekly high and is keeping neutral to positive stance. Indicators are losing directional strength and showing lack of stability around the positive area.
USD/JPY is hovering around 110.50 after rejecting the 111.00 earlier today. The bearish sentiment prevails and the pair is vulnerable around 110.15 where the 100-day SMA is providing first support.
The USD/JPY is trading lower today around 110.50 after the US NFP data. The greenback might recover ground on the better-than-expected numbers but the pair needs to advance beyond 111.00 in order to extend its advance up to 111.40.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.