USD JPY Forex market Trading News
6/2/2017 11:31:14 AM
The USD/JPY pair improved yesterday's sturdy move and is now located at new weekly tops above mid-111.10s.
Immediate persistence is fixed near 111.83 area, above which the pair appears all set to exceed the 111.95 handle, and 112.17 intermediate persistence, towards its next major hurdle near 112.47 area.
On the other hand, 111.33 level now appears to protect immediate weakness, which if broken might struggle the pair back below the 111.10 handle towards testing 110.77 horizontal support.
FOREX market analysis by FxErvin.