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JinDao_Tai

USD/JPY Outlook (21st May 2019)

U.S. Dollar / Japanese Yen (FX:USDJPY)  
JinDao_Tai  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Forex macro technical trend USDJPY
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trendanalysis forex macro technical trend usdjpy
  • USD/JPY rejected support level

Price Movement
Since yesterday, USD/JPY moved down by around 40pips before moving back up by around 35pips.

Trend
Overall, USD/JPY is trending downwards.

Important Issue
None.

Technical
Yesterday, USD/JPY tested and rejected the support level of 109.900.

Price Levels
Current Price: 110.167
Next Resistance: 111.700
Next Support: 109.900
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