Technicals

Add as a preferred source on Google

FxWirePro: USD/JPY fails to jump above 105.00 mark, bias remains bearish

USD/JPY is currently trading around 104.10 marks. It made intraday high at 104.87 and low at 103.94 levels. Intraday bias remains bearish till the time pair holds key resistance at 104.98 marks. A daily close above 104.9…

1 min read
FxWirePro: USD/JPY fails to jump above 105.00 mark, bias remains bearish
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 104.10 marks.
     
  • It made intraday high at 104.87 and low at 103.94 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 104.98 marks.
     
  • A daily close above 104.98 will take the parity higher towards key resistances around 106.12 and 107.46 levels respectively.
     
  • On the other side, a sustained break below 102.45 will drag the parity down towards key supports at 101.47, 100.59, 99.99, 99.27 and 98.78 levels respectively.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560