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USD/JPY Analysis - page 71

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The USDJPY has been consolidating, even though global markets have been in a roller coaster lately. The pair is currently around the 110.43 level with a good support at the 110.00 level and a resistance at the 111.39 level.
Usd/Jpy is in search of direction, the pair is almost trading flat, range narrow to 110.30 to 110.80.
A further rally depends on a breakout above 111.15, I think.
It broke out above that level, I think we'll see it reach 112.00.

USD/JPY made an amazing rally today and the pair holding steadily above 111.00 level. Next bullush target is seen at 111.40.

I agree, I think eventually it will rally to 112.00.
It broke above 112.00 and it is still moving upward, it may break out above 113.00 too.
It reached 112.80, let's see whether it will continue moving north.

USD/JPY marked today its highest level since January 9. Currently the pair is trading slightly below this level but is showing good upward strength.

It went over my bearish sell zone, will wait for a new opportunity.
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