USD/JPY- stuck at 23.6% Fibo ahead of BOJ

FX:USDJPY   U.S. Dollar / Japanese Yen
Resistance –111.93, 112.80

Support – 111.36, 110.67

  • Daily chart shows breach of falling trend line on last Friday, but failure to take out 23.6% Fibo.
  • Rejection at 111.93 or failure to sustain above 111.93 despite dovish BOJ could reinforce bears and open doors for a fall back to 110.67 levels.
  • On the other hand, a beak above 112.80 would add more credence to last Friday’s bullish move and expose resistance at 113.80 and 114.59 (38.2% of 125.857-107.63).
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out