1
455
The US Dollar advanced against the Japanese Yen as expected after putting in a Bullish Engulfing candlestick pattern. A daily close above the December 23 high at 120.82 exposes the 38.2% Fibonacci expansion at 121.91. Alternatively, a turn below the 23.6% Fib retracement at 117.91 clears the way for a challenge of the 38.2% threshold at 115.48.
Resistance | Support |
---|---|
120.82 | 117.91 |
121.91 | 115.48 |
123.88 | 113.51 |