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6 Sep 2018
USD/JPY Technical Analysis: looking for further upside from 111.00
- Dollar-Yen pairing holding to the middle ahead of US NFP Friday with a thinning0out calendar ahead.
- USD bulls looking to mount over the 111.00 technical level and stage a recovery of previous swing highs.
- Higher swing lows are marking in a growing medium-term uptrend.
USD/JPY Chart, 15-Minute
| Spot rate: | 111.38 |
| Relative change: | -0.12% |
| High: | 111.53 |
| Low: | 111.17 |
| Trend: | Sideways |
| Support 1: | 111.17 (current day low) |
| Support 2: | 111.00 (major technical level) |
| Support 3: | 110.85 (current week low) |
| Resistance 1: | 111.75 (current week high) |
| Resistance 2: | 112.00 (current week high) |
| Resistance 3: | 113.38 (2018 technical top) |