USD/JPY Technical Analysis: Greenback bulls at weekly highs battling with the 113.00 resistance
- USD/JPY is trading in a range between the 112.000 and 113.00 level.
- USD/JPY bulls drove the market to 113.00 resistance and the bulls will need to overcome this obstacle if they want to reclaim the 113.50 level.
- Failure to break 113.00 can lead to a rotation down to 112.50.
USD/JPY 4-hour chart
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Main trend: Neutral
Resistance 1: 113.00 figure
Resistance 2: 113.55 October 2 low
Resistance 3: 114.00 figure
Support 1: 112.55 September 27 low
Support 2: 112.55 September 27 low
Support 3: 112.00-112.17 zone, figure and August 1 swing high
Support 4: 111.00 figure
Support 5: 110.35 September Low
Support 6: 109.75 August low
Additional key levels at a glance:
USD/JPY
Overview:
Last Price: 112.8
Daily change: 43 pips
Daily change: 0.383%
Daily Open: 112.37
Trends:
Daily SMA20: 112.72
Daily SMA50: 112.17
Daily SMA100: 111.6
Daily SMA200: 109.87
Levels:
Daily High: 112.58
Daily Low: 111.78
Weekly High: 112.9
Weekly Low: 111.38
Monthly High: 113.71
Monthly Low: 110.38
Daily Fibonacci 38.2%: 112.27
Daily Fibonacci 61.8%: 112.08
Daily Pivot Point S1: 111.9
Daily Pivot Point S2: 111.44
Daily Pivot Point S3: 111.1
Daily Pivot Point R1: 112.71
Daily Pivot Point R2: 113.05
Daily Pivot Point R3: 113.51