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USD/JPY bulls reloading for 115 handle

FXStreet (Guatemala) - USD/JPY is trading at 114.88, up 0.10% on the day, having posted a daily high at 115.53 and low at 114.06.

USD/JPY broke up through the key 155 handle and tested higher grounds on the forex ticker with an impressive 50 pips marked on top of the handle. The pair then came off sharply with supply protecting further advances and setting up a bullish day in the forex space of Europe and the US with the ECB delivering a dovish display. The greenback bidders have seen the pair back into the 115 region and brings a long set up and buying dips environment.

USD/JPY noteworthy levels

Current price is 114.88, with resistance ahead at 115.28 (Daily Classic R1), 115.53 (Daily High), 115.69 (Weekly Classic R2), 115.80 (Daily Classic R2) and 116.73 (Daily Classic R3). Supports are 114.60 which is key ahead of 114.40 and 114.05.

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