USDJPY 2020-08-05
The USDJPY pair is now trading above the daily level of 105.58. As long as the price stays above the 105.58, on a daily basis, the downward movement may be limited and we will follow 105.84 as resistance level again. On the other hand, if the price drops below 105.58, the next support level can be seen at 105.30.
Support: 105.58 - 105.30 - 105.05
Resistance: 105.84 - 106.15 - 106.41
The USDJPY pair is now trading above the daily level of 105.58. As long as the price stays above the 105.58, on a daily basis, the downward movement may be limited and we will follow 105.84 as resistance level again. On the other hand, if the price drops below 105.58, the next support level can be seen at 105.30.
Support: 105.58 - 105.30 - 105.05
Resistance: 105.84 - 106.15 - 106.41