USD is trying for steady way versus JPY in Forex market
6/14/2017 2:34:43 PM
According to Forex market activities, the USD/JPY pair tried for a steady direction on Wednesday and fluctuated between tepid gains/minor losses, within 13-17 pips narrow trading range around the key 110.03 psychological mark.
Immediate persistence is fixed near 110.33 level, above which the pair is probable to head towards testing 110.77 persistence area before ultimately aiming to reclaim the 110.95 handle. On the downside, constant decline below 109.83 level is probable to drag the pair back towards 109.44 horizontal support ahead of the 109.12 round figure mark.
FOREX market analysis by FxErvin.