USD JPY Technical Analysis September 18, 2018

The USD declined 0.13% against the JPY on Monday and closed at 111.84. Today in the European session while USD JPY technical analysis September 18, 2018 is preparing at 8:45 GMT, the USD/JPY trading at 111.95, which is 0.10% higher against JPY from yesterday’s close.

 

 

USD JPY technical analysis September 18, 2018

The pair is expected to find support at 111.70. And a fall through could take it to the next support level of 111.55. The pair is expected to find its first resistance at 112.05, and a rise through could take it to the next resistance level of 112.26. For today the expected trading range is between 111.00, Support and 112.26 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 111.70 Support 2: 111.55 Support 3: 111.32
Resistance Levels: Resistance 1: 112.05 Resistance 2: 112.26 Resistance 3: 111.53

Previous day`s high: 111.99
Previous day`s low: 111.75

USD/JPY Buying Opportunity for Intraday Trading September 18, 2018

Buy near the support area 111.70 and 111.55 as soon as you get reversal candlesticks patterns like Hammer, Bullish Englufing, Long Leged Doji or Dragonfly Doji

USD/JPY Selling Opportunity for Intraday Trading September 18, 2018

Sell near the resistance area 112.05 and 112.26 as soon as you get reversal candlesticks patterns like Shooting Star, Bearish Englufing, Long Leged Doji or Gravestone Doji

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