USD/JPY up a half-cent to 118.16

USD/JPY struggled in early US trading as stock markets dipped but the pair has surged back with support at 117.25 holding the line.

Bids:

  • 117.44 - US low
  • 117.29 - minor triple bottom earlier
  • 117.00 - medium demand
  • 116.70 - Jan 11 low
  • 116.50 - strong demand, stops below
  • 116.18 - Aug low
  • 116.00 - strong demand, barrier

Offers:

  • 118.28 - high so far
  • 118.38 - Yesterday's high
  • 118.58 - Fib level
  • 118.83 - post NFP high
  • 119.00 - small offers