USD JPY Technical Analysis April 12, 2019

USD JPY Technical Analysis: The USD rose 0.57% against the JPY on Thursday and closed at 111.63. Today in the European session while USD JPY technical analysis April 12, 2019 is preparing at 9:15 GMT, the USD/JPY trading at 111.90, which is 0.24% higher against JPY from yesterday’s close.

The pair is expected to find support at 110.12. And a fall through could take it to the next support level of 110.60. The pair is expected to find its first resistance at 111.92, and a rise through could take it to the next resistance level of 112.20. For today the expected trading range is between 111.12, Support and 112.20 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 110.12 Support 2: 110.60 Support 3: 110.33
Resistance Levels: Resistance 1: 111.92 Resistance 2: 112.20 Resistance 3: 112.72

USD/JPY Buying Opportunity for Intraday Trading April 12, 2019

Buy near the support area 110.12 and 110.60 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.

USD/JPY Selling Opportunity for Intraday Trading April 12, 2019

Sell near the resistance area 111.92 and 112.20 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

EUR/USD Technical Analysis April 12, 2019
GBP/USD Technical Analysis April 12, 2019
USD/CAD Technical Analysis April 12, 2019