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!
