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Thread: USDJPY Technical Levels

  1. #1

    Default USDJPY Technical Levels

    USDJPY Technical Levels - 11.01.2017
    Technically USDJPY upside, the strong resistance can be seen at 117.00, a break above this level would take the pair towards next resistance level at 117.52.
    Downside immediate support can be seen at 115.76, a break below this level will open the door towards next level at 115.09.
    Trend overall looking slightly bullish at the moment.

    Regards,
    Ram Purushothaman
    PCM Brokers DMCC

  2. #2

    Default

    USDJPY Technical Levels - 24.01.2017
    USDJPY hits 8 weeks lows at 112.510. Yen largely ignored higher than expected manufacturing PMI data as risk-off dominated.
    Technically, USDJPY next immediate support below at 112.52, 112 and 111.35 Levels.
    Upside resistance above at 113.97, 114 and 114.85 levels.
    Trend overall looking slightly bullish at the moment.

    Regards,
    Ram Purushothaman
    PCM Brokers DMCC

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