FX.co ★ Technical analysis and trading recommendations for the USD/JPY currency pair as of December 27, 2017

The USD/JPY currency pair worked out again the range of resistance level at 113.70 (113.60 / 113.90), although it reached the upper limit prior to it. Currently, the gradual decrease of the quotation shows volatility. It is possible to assume that the "bearish" interest will continue, where the quotation will approach the periodic value of 113.00 and, possibly, it will form a periodic range of 112.80 / 113.07.

Key Levels

Resistance zones: 113.70 (113.60 / 113.90) *; 114.40; 115.50

Support zones: 113.00 **; 111.50 / 111.80 *; 110.80 **

* range level

** periodic level

Draw your attention: Predictions are not a direct guide to action!