USDJPY currency pair stopped the previous sharp advance near the golden resistance level 110.96 – which previously stopped the sharp uptrend in March. Given the dense resistance area ahead – made out of the multi-year r4eistnace levels 111.71, 112.22, 112.4 - the pair will need strong reason to break above the resistance level 110.96.
Intraday USDJPY currency pair is forming the daily Doji – on the two intraday FX sentiment waves effectively cancelling each other:
Intraday USDJPY currency pair is forming the daily Doji – on the two intraday FX sentiment waves effectively cancelling each other: