USDJPY Trading News in Forex market
2/20/2018 9:13:16 AM
Under the influence of Forex market fluctuation, the USDJPY pair sustained gaining some positive traction and bounced back to the 107.03 area.
A considerable development the 107.03 handle, the pair is probable to speed up the up-move towards 107.40-55 supply zone before finally darting towards reclaiming the 108.11 round figure mark.
On the other hand, 106.74 level now appears to defend the immediate weakness, which if broken could drag the pair back towards testing its next main support near the 106.17-07 area ahead of the 106.07 handle.
FOREX market analysis by FxErvin.