FxWirePro: USD/JPY back above 106 mark, intraday bias remains neutral
Wednesday, June 15, 2016 1:56 AM UTC
- USD/JPY is currently trading around 106.15 marks.
- It made intraday high at 106.27 and low at 105.93 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 107.38 is required to take the parity higher towards key resistances around 107.90, 110.44, 112.60 (55D EMA) and 113.42 levels respectively.
- On the other side, a sustained close below 106.00 will drag the parity down towards key supports at 105.62, 105.19 (October 15, 2014 low) and 104.55 levels respectively.