USDJPY Daily Forecast Nov 14 2018

Dollar -Yen 65985656

USDJPY: Consolidates With Upside Bias…

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 riseĀ 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