USD/JPY – watch out for daily closing
Resistance – 110.97, 111.87, 112.50
Support – 110.00, 108.76, 107.84
Scenario
Daily closing above 110.67
Bullish momentum strong, Bullish invalidation seen only below 110.00
Daily closing below 110.00
Bearish momentum strong, Bearish invalidation see only above 110.67
Support – 110.00, 108.76, 107.84
Scenario
Daily closing above 110.67
Bullish momentum strong, Bullish invalidation seen only below 110.00
Daily closing below 110.00
Bearish momentum strong, Bearish invalidation see only above 110.67
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