USD/JPY – Watch 111.45/88 (Former Resistance)

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The last note remarked that “USD/JPY actually traded into 114.85 today before pausing. Bigger picture, the December low is a good spot for a base but there’s also a good trendline over price. In other words, range might be the name of the game for a while.” USD/JPY continues to trade heavy but has not broken down ‘decisively’. If it does, be aware of 111.45/88 (May 2016 high) as a level.

USD/JPY – Watch 111.45/88 (Former Resistance)
USD/JPY – Watch 111.45/88 (Former Resistance)
https://rss.dailyfx.com/feeds/technical_analysis
$inline_image !!! CLICK HERE TO READ MORE !!! USD/JPY – Watch 111.45/88 (Former Resistance) Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/usdjpy-watch-111-4588-former-resistance/