USD/JPY Technical Analysis: Greenback under pressure below 113.00 figure against the Japanese Yen
- USD/JPY is back into the 112.00-113.00 range as the market is switching back to a more neutral stance.
- USD/JPY is below the 200-period simple moving average en route to test the 112.55 level and possibly 112.00-112.17 zone if bears gather enough momentum.
- A break back above 113.00 might invalidate the current bearish bias.
USD/JPY 4-hour chart
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Main trend: Bullish
Resistance 1: 113.00 figure
Resistance 2: 113.55 October 2 low
Resistance 3: 114.00 figure
Resistance 4: 114.57 October high
Support 1: 112.55 September 27 low
Support 2: 112.00-112.17 zone, figure and August 1 swing high
Support 3: 111.00 figure
Support 4: 110.35 September Low
Support 5: 109.75 August low
Additional key levels at a glance:
USD/JPY
Overview:
Last Price: 112.71
Daily change: -23 pips
Daily change: -0.204%
Daily Open: 112.94
Trends:
Daily SMA20: 112.61
Daily SMA50: 112.28
Daily SMA100: 111.65
Daily SMA200: 109.89
Levels:
Daily High: 113.4
Daily Low: 112.8
Weekly High: 112.9
Weekly Low: 111.38
Monthly High: 114.56
Monthly Low: 111.38
Daily Fibonacci 38.2%: 113.03
Daily Fibonacci 61.8%: 113.17
Daily Pivot Point S1: 112.69
Daily Pivot Point S2: 112.44
Daily Pivot Point S3: 112.09
Daily Pivot Point R1: 113.3
Daily Pivot Point R2: 113.65
Daily Pivot Point R3: 113.9