USDJPY 110.00 possible
The US dollar continues to target towards 110.00 level against the Japanese yen as the greenback remains well-supported across the board. The recent high around the 109.60 level provided a signal that the USDJPY intends to push higher over the shor-term. The 110.90 level could be the overall upside objective for medium-term bulls if the 110.00 resistance level is overcome.
• The USDJPY pair is only bullish while trading above the 109.30 level, key resistance is found at the 109.60 and 110.0 levels.
• The USDJPY pair is only bearish while trading below the 109.30 level, key technical support is found at the 109.15 and 109.00 levels.
• The USDJPY pair is only bullish while trading above the 109.30 level, key resistance is found at the 109.60 and 110.0 levels.
• The USDJPY pair is only bearish while trading below the 109.30 level, key technical support is found at the 109.15 and 109.00 levels.
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