Technical alert: USDJPY

3:48 PM January 13, 2020

USDJPY is trading at the highest level since May 2019. As long as  the price sits above 10965 handle, the upward move looks more probable. The nearest resistance to watch can be found at 110.70, where the 78.6% Fibonacci retracement and previous price reactions are located.

USDJPY D1 interval. Source: xStation5

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