Spotlight on USDJPY. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
USDJPY
Looking at USDJPY’s chart, we can see that the FX pair is traded close to its support level at around ¥138.40. If it fails to hold above that level today, then we should expect it to drop towards its next support level at around ¥137.70, otherwise, it could rise towards its resistance level at around ¥139.
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