Oops! USDJPY came close to the bespoke resistance

vicknic

Confirmed ProfiForex Representative
Jan 21, 2014
207
7
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Netherlands
www.profiforex.com
USDJPY is on its way to regain ground as we can rightly see it heading toward 102.00. This is not surprising as the US retail sales after-all proved to be very impressive. Also, let us not forget the Clash of the Titans in Ukraine which prevented the pair from full-blown rally. Now we are waiting for Jannet Yallen to confirm her speech regard rate increase timing and some investors are hoping she won't change her mind. More so, there might be a huge demand for USD.

Therefore, Today's Pivotal point for this pair is 101.76

Support Below
101.50
101.15
100.38

Resistance
102.11
102.38
102.73