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USDJPY currency pair stopped the previous sharp advance near the

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
SelectedAlpha  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Supply and Demand
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trendanalysis supportandresistance supplyanddemand
USDJPY currency pair stopped the previous sharp advance near the golden resistance level 110.96 – which previously stopped the sharp uptrend in March. Given the dense resistance area ahead – made out of the multi-year r4eistnace levels 111.71, 112.22, 112.4 - the pair will need strong reason to break above the resistance level 110.96.

Intraday USDJPY currency pair is forming the daily Doji – on the two intraday FX sentiment waves effectively cancelling each other:
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