USD/JPY extends slide below 109.50
The USD/JPY pair is poised to extend its decline according to technical readings.
Technical indicators have neutral-to-bearish slopes holding within oversold territory yet above their recent lows, keeping the risk skewed to the downside.
Support levels: 109.45 109.10 108.80
Resistance levels: 109.90 110.25 110.50
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.