Sforex

USDJPY: 110 clearly is a strong psychic level. Floor for Yen ?

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FX:USDJPY   美元 / 日圓
7
BOJ obviously dislikes current level of USDJPY.

They can't stop investors buy safe asset like Yen.

Many orders is putting take profit to 110 for USDJPY.

I draw on the chart, strong support is at 110.50

I think it's the floor of USDJPY.

This week, I want to see it retests 114.50 key resistance level.


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