Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-The last update noted that “USD/JPY is testing an important price in 108.55 (channel and 200 day average). If that level gives however then the cross may be in for a run at the post-election gap at 106.60.” The level has held so USD/JPY may be in for a run at the former 110.10 support. Watch that level for resistance if reached.