The USD / JPY currency pair shows an active downward interest, where the quotation came close to the support level of 108.00. Currently, it shows how the price feels the support in a slowed movement and gives the opportunity for the bulls to return to the market. It can be assumed that a gradual change of forces, where the "bulls" will try to work out the level and would result in a correction to 110.20 / 110.80.
Key Levels
Resistance - 110.20; 110.80 *; 111.50
Support - 108,00; 107.20 *; 105.50
* periodic level
Draw your attention: Predictions are not a direct guide to action!
