USDJPY Daily Forecast Nov 13 2018

Dollar -Yen - 659545 (1)

USDJPY: Bullish, But Hesitates Ahead Of 114.25…

As long as 113.65 support holds on a daily closing basis, the USDJPY remains on the upside to 114.20 level. A halt is likely, it may test 113.65 before another up. Anyway; above 114.25 aims 114.95 level, further upside, resistance comes at 115.45 level.

On the downside, support comes at 113.65 ahead of 113.15 (main), below that level will turn outlook neutral for 112.29 where another rise is likely…

Conclusion: The USDJPY sees upside threats above 113.65 levels.

Support: 113.65, 113.15, 112.29, 111.75

Resistance: 114.25, 114.95, 115.45, 116.05

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