- USD/JPY testing support level
Price Movement
Since yesterday, USD/JPY moved up by around 30pips before coming back down to around where it started.
Trend
Overall, USD/JPY is moving on an uptrend.
Macro Background
No significant economic data release.
Important Issue
None.
Technical
Yesterday, USD/JPY tested and rejected the 110 level.
Currently, USD/JPY is testing the support level of 109.744.
Price Levels
Current Price: 109.780
Next Resistance: 111.318
Next Support: 109.744
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