USD/JPY Open 114.00 High 114.55 Low 113.69 Close 114.20
The Yen climbed against the US Dollar and tested the 114.50 level for second day, which is 60.5% Fibonacci correction of the climb 111.60 - 117.85. Resistance is expected around the levels 114.78, followed by 115.52 and 116.44. Support is seen at 113.25, followed by 112.67 and 111.70.
Technical resistance levels: 114.78 115.52 116.44
Technical support levels: 113.25 112.67 111.70
Trading range: 114.65 - 113.90
Trend: Downward
Sell at 114.52 SL 114.82 TP 114.02
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