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USD/JPY Technical Analysis: The 113.40 resistance is the level to beat for US Dollar bulls

USD/JPY daily chart

  • USD/JPY is trading in a bull trend above its 50, 100 and 200 SMA. 
  • As forecast, USD/JPY regained the 113.00 figure.

USD/JPY 4-hour chart

  • Bulls are back in control as they find support at the main SMAs.


USD/JPY 30-minute chart 

  • On lower time-frames, USD/JPY is also trading above its main SMAs. 
  • The level to beat for bulls is 113.40. A break above the resistance would target 113.60 and the 113.80 level.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 113.22
    Today Daily change: -6.0 pips
    Today Daily change %: -0.0530%
    Today Daily Open: 113.28
Trends:
    Previous Daily SMA20: 113.2
    Previous Daily SMA50: 113.04
    Previous Daily SMA100: 112.28
    Previous Daily SMA200: 110.61
Levels:
    Previous Daily High: 113.3
    Previous Daily Low: 112.24
    Previous Weekly High: 113.83
    Previous Weekly Low: 112.23
    Previous Monthly High: 114.25
    Previous Monthly Low: 112.3
    Previous Daily Fibonacci 38.2%: 112.89
    Previous Daily Fibonacci 61.8%: 112.64
    Previous Daily Pivot Point S1: 112.58
    Previous Daily Pivot Point S2: 111.88
    Previous Daily Pivot Point S3: 111.53
    Previous Daily Pivot Point R1: 113.64
    Previous Daily Pivot Point R2: 113.99
    Previous Daily Pivot Point R3: 114.69

 

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