Yesterday the level put up enough of a fight to see the price move higher but we're back here again
118.70 was the low yesterday but once again we failed to get and hold below the 118.80 level
We're back again today and have already survived one test earlier in the session
USDJPY daily
I never like a price coming back to retest a level so soon after failing, and that's doubly the case with the first test today and now this one
USDJPY 15m
It's proving a tough nut to crack and the same analysis applies today, that applied yesterday
Support looks to be in various spots around 118.65, 118.45/55 and 118.35, with stronger at 117.95/118.00