USD/JPY Technical Analysis: Greenback losing steam against Yen as bears are approaching the November low at 112.55 level

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USD/JPY 4-hour chart

  • USD/JPY is trading in a bear trend below the 200-period simple moving average. 
  • Technical indicators are in bearish territories suggesting continued bearishness ahead. 
  • The target to the downside is seen at 112.55, the November low while 113.00 is the current resistance to beat for bulls. 


	USD/JPY Technical Analysis: Greenback losing steam against Yen as bears are approaching the November low at 112.55 level

Additional key levels at a glance:

USD/JPY

Overview:
    Last Price: 112.83
    Daily change: -74 pips
    Daily change: -0.652%
    Daily Open: 113.57
Trends:
    Daily SMA20: 113.07
    Daily SMA50: 112.78
    Daily SMA100: 112.01
    Daily SMA200: 110.12
Levels:
    Daily High: 113.72
    Daily Low: 113.1
    Weekly High: 114.1
    Weekly Low: 112.94
    Monthly High: 114.56
    Monthly Low: 111.38
    Daily Fibonacci 38.2%: 113.48
    Daily Fibonacci 61.8%: 113.33
    Daily Pivot Point S1: 113.21
    Daily Pivot Point S2: 112.84
    Daily Pivot Point S3: 112.58
    Daily Pivot Point R1: 113.83
    Daily Pivot Point R2: 114.09
    Daily Pivot Point R3: 114.46

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