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USD/JPY Technical Analysis: A break above 113.70 resistance can open the gates to the December high

USD/JPY daily chart

  • USD/JPY is trading in a bull trend above the 50, 100 and 200-day simple moving averages (SMAs).

USD/JPY 4-hour chart

  • USD/JPY is about 20 pips away from the December high. 

USD/JPY 30-minute chart

  • On lower time-frames, USD/JPY is trading in a bull trend above its main SMAs. 
  • The level to beat for bulls is 113.70 resistance. If broken to the upside then 113.82 (December high) is most likely on the cards.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 113.64
    Today Daily change: 4.0 pips
    Today Daily change %: 0.0352%
    Today Daily Open: 113.6
Trends:
    Previous Daily SMA20: 113.17
    Previous Daily SMA50: 113
    Previous Daily SMA100: 112.35
    Previous Daily SMA200: 110.72
Levels:
    Previous Daily High: 113.71
    Previous Daily Low: 113.18
    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%: 113.51
    Previous Daily Fibonacci 61.8%: 113.39
    Previous Daily Pivot Point S1: 113.29
    Previous Daily Pivot Point S2: 112.97
    Previous Daily Pivot Point S3: 112.76
    Previous Daily Pivot Point R1: 113.81
    Previous Daily Pivot Point R2: 114.02
    Previous Daily Pivot Point R3: 114.34

 

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