First, we look into the previous day trade and what happened on July 13, 2018, and it opened at 112.530 and went high at 112.793 and gone low 112.268 and finally closed at 112.339. The calculated pivot point for the day is 112.467.

The difference between high and low was nearly 0.525 points and there was a good chance for trader to take the opportunity between low to high levels and finally benefited. Now the opportunity is, from high to higher levels for few days due to dollar become strong and the trade war with China. If EUR/USD goes high USD/JPY goes down and vice versa and watch two pairs for trading before entering into a trade. For many days the range for this pair was between 109.360 to 114.740. Hourly traders are waiting for an opportunity to buy at 112.551, 113.116 levels or sell at 112.277, 111.578 levels to get maximum profit. 

LEVELS TO BE WATCHED FOR TRADERS FOR THEIR TRADING

EVENTS TO BE OBSERVED AT THESE TIMES TO TAKE MORE ADVANTAGE

USDJPY FUNDAMENTALS TODAY

See the levels in the chart when traders enter into trade