111.80 is last week's high for the Yen, which is expected to maintain the sideways trading by holding steady below the 112.14 high to target the bottom of 109.70.
In the case of breaching the top 112.14, it is possible to target the upper trend and the weekly resistance 113.30.
In the short term and the 4 hour frame, the pair continued last week to reach the resistance 111.80, and the uptrend test and 38.2 Fibonacci of the wave (109.67-111.80), in which the 200, 100 and 50 averages of this time frame are expected, are tested. / p>
breaking these levels will open the door to target 110.20 110.40 and in case of extension it might retest the bottom 109.68.
For more daily details my visit on the personal page
