USD/JPY Analysis - page 74

 
113.40 looks good to take a short. 
 
It may be too early for shorts, I think the pair may break out above 111.25.
 
Bearish for the next week. Good opportunity for long at 109.80.
 

USD/JPY closed little changed around 110.00. Fist support the pair will meet at 110.70 ahead of the 110.00 handle.  The upside provides initial resistance at 111.55 and higher at 112.20.

 
Usd/Jpy is consolidating within the range between 110.56 to 111.50 ahead of BoJ this week. Only break out will determine the direction of the pair.
 
Probably a bullish breakout...
 
The pair is range-bound for the moment, let's see how it will develop this week.
 
It broke out above 111.00, I think we will see it reach 112.00 too.
 
The FED interest rate will be announced later today, let's see what effect it will have on the pair.
 

USD/JPY is trading around 112.00 amind mixed US ecomonic data and eyeing Fed. Yet the 112.20 remains immediate resistance, while the dowside is supported by 110.60.