USDJPY oscillating in the Forex market
1/23/2018 6:30:28 PM
According Fx market, the USDJPY recoil from near 110.53 levels increased traction, now driving the rates more upward in a bid to test yesterday’s high of 111.27.
A move above 111.27 would open doors for 111.43 and 111.52. On the flip side, a break of support at 110.40 would open weakness towards 110.22 and 110.05.
FOREX market analysis by FxErvin.