USDJPY: Support Holds, Bearish Needs Break Below 111.00 Immediate resistance is seen around 111.70. A clear break and a daily close above that level would likely to push price higher testing 112.00 key resistance which remains a good place for a short position with a tight stop loss as a clear break and a daily close above that area would abort the bearish bias and could easily target 113.15 or higher. Immediate support resides around 111.35. A clear break below that area could trigger further bearish pressure testing 111.00 with a break below would put the pair vulnerable to more intense selling pressures targeting 110.00 area where potential fresh buyers may be seen. USDJPY: Support Holds, Bearish Needs Break Below 111.00 published first on https://medium.com/@forexlasersforum via Tumblr USDJPY: Support Holds, Bearish Needs Break Below 111.00
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