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Home » USA Trading Sessions » USD/JPY Technical Levels for USA Trading Sessions 11/04/2016

USD/JPY Technical Levels for USA Trading Sessions 11/04/2016

The USD/JPY hurdle is noted at 108.31 (hourly 50-MA), above which the spot could target 109.00-109.07 (hourly 100-MA). On the other hand, a break below 107.63 (daily low) would shift risk in favor of a drop to 107.00. A violation there would expose 106.64 (38.2% of 2011 low-2015 high).

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