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dianajs
Mar 28 2017 at 12:10
823 posts
I agree. Yesterday the pair rebounded from 110.10, but it looks like today there will be another attempt to break out below 110.10 - 110.00.

BaldoN (BaldoN)
Mar 28 2017 at 12:18
522 posts
USD/JPY - I expect test on the bottom at 110.10. Break below will led to acceleration of the down trend.

bestools
besttools
Mar 29 2017 at 08:46
898 posts

The major finds immediate resistance at 111.40/50 (10-DMA/ psychological levels). A break above the last, the major could test 111.91 (classic R2/ Fib R3) and 112.79 (20-DMA) beyond the last. While to the downside, the immediate support is seen at 110.98/84 (5-DMA/ daily pivot) next at 110.50/46 (classic S1) and below that at 110.18/00 (Fib S2/ zero figure).

Devhuti
Mar 30 2017 at 04:37
94 posts
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. The “hammer” bullish reversal scenario remains valid and any sustained movement back above 111.30 could create a nice bullish run testing 112.00 – 113.00 region or higher. On the downside, key support remains at 110.10. A clear break below that area would cancel the “hammer” bullish reversal scenario.

BaldoN (BaldoN)
Mar 30 2017 at 08:50
522 posts
USD/JPY - I expect short term price movement and test at 111.55/60.

deresel
Mar 30 2017 at 10:55
708 posts
The US dollar recorded a modest decline against the yen on Wednesday. The pair lost only 10 pips at a closing price of 111.03. The graphics continue to evolve under moving averages, while the index of relative strength remained on neutral territory. Keeping the current levels will contribute to positive attitudes.

deresel
Mar 30 2017 at 10:57
708 posts
USD/JPY
Key levels to watch for:
Support: 111.00; 109.50;
Resistance: 114.00; 116.45.

dianajs
Mar 30 2017 at 11:14
823 posts
The pair is very range-bound between 110.80 and 111.40 but I think that once that range ends it will continue falling. We need a breakout below 110.10 for a confirmation.

bestools
besttools
Mar 30 2017 at 12:45
898 posts

USD traded mostly sideways after touching a high of 111.31 (target indicated at 111.50 was not met). The undertone still seems positive and another attempt to move towards 111.50 is expected. That said, a sustained break above this level seems unlikely for now (next resistance at 111.85). Support is at 110.75 but the stronger level is closer to 110.55.While USD closed largely unchanged yesterday, the recent downward pressure has eased further. However, only a daily closing above 111.50 would indicate that a short-term low is in place (and the start of a sustained recovery to 112.30). This appears to be a likely scenario unless USD was to drop back below 110.55 within these few days.

arigoldman (arigoldman)
Mar 31 2017 at 14:33
907 posts
USD/JPY reached a high of 112.20 yesterday and is now trading at 111.60. The pair could not get over the resistance and bears took control. First support is now seen at 111.20.

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