USD sticks to session tops versus JPY
4/27/2017 11:36:34 AM
During the Forex market, the USD/JPY pair reclaimed several fresh traction on Thursday and held with slight gains above the 111.05 handle.
Immediate persistence is fixed near mid-111.05s, above which the pair is probable to dart towards testing the 111.95 handle with some intermediate persistence near 111.83 district. On the other hand, the 111.05 handle now appear to protect immediate downside, which if broken could drag the pair firstly towards 110.63 horizontal support ahead of the key 110.15 psychological mark.
FOREX market analysis by FxErvin.