USD/JPY Analysis - page 61

 
There is a resistant on 110.0 and now the price going down. If they can break support level on 109.0 the the chart will continue to fall.
 
amri.rudi:
There is a resistant on 110.0 and now the price going down. If they can break support level on 109.0 the the chart will continue to fall.
I agree. I think we may see that happening after the NFP today.
 
fxstrategist007:
The rally on the USDJPY has taken the pair to the 110.00 level and it could break that zone to the upside. Its next resistance could be the 111.00 level. To the downside, the 109.00 level could act as support.
 
Diana Jackson:
I agree. I think we may see that happening after the NFP today.
 
Don't write inside the 'box', but underneath it.
 
Usd/Jpy pulled back and consolidating short term, but long term the pair still appear to be bullish. Break below the support level around 108.63 could signal a deeper pullback.
 
It depreciated to 108.64 before the rally was renewed. Let's see whether it will retest 110.00.
 
The correction is not over yet, it seems. I think it may depreciate to 108.60.
 
USD/JPY regained the 109.00 handle and is showing good upward momentum. It seems that bulls will soon test 109.50.
Reason: