FxWirePro: USD/JPY back above 106 mark, intraday bias remains neutral
USD/JPY is currently trading around 106.15 marks. It made intraday high at 106.27 and low at 105.93 levels. Intraday bias remains neutral for the moment. A daily close above 107.38 is required to take the parity higher t…
It made intraday high at 106.27 and low at 105.93 levels.
Intraday bias remains neutral for the moment.
A daily close above 107.38 is required to take the parity higher towards key resistances around 107.90, 110.44, 112.60 (55D EMA) and 113.42 levels respectively.
On the other side, a sustained close below 106.00 will drag the parity down towards key supports at 105.62, 105.19 (October 15, 2014 low) and 104.55 levels respectively.