The USD/JPY has reached the previously set target of 112.27.
On Monday, the USD/JPY found support in an SMA and began a surge to the 112.30 mark.
On Friday the rate had reached above the 112.00 level, which was expected previously.
On Thursday, the USD/JPY traded near the 111.50 mark after passing most hourly chart's resistance levels.
The USD/JPY has clearly broken the pattern's dominant resistance.
The USD/JPY pierced the dominant resistance pattern once more.
On Monday morning the USD/JPY was facing very strong resistance levels, indicating that it will decline.
On Friday, the USD/JPY erased last doubts that a decline of the currency rate will continue.
The USD/JPY is squeezed in between SMAs.
On Wednesday, the USD/JPY had returned to the upper trend line of a dominant pattern.
The USD/JPY was squeezed in and broke out on Tuesday morning.
On Monday, the USD/JPY continued the surge, which the currency exchange rate began on Friday.
The surge of the USD/JPY rate has continued, as it was expected.
On Wednesday, the USD/JPY rate traded above the combined support of hourly simple moving averages near the 111.20 level.
The USD/JPY on Tuesday faced no resistance, as it had managed to find support in an SMA and a lower trend line of a channel up pattern.
The USD/JPY pair has touched the 111.50 mark before the currency pair retraced back down to the 111.00 level on Monday.
The US Dollar showed strengthened against the US Dollar on Thursday, being located at 111.50 early today.
The USD/JPY has managed to surge and almost touch the 111.00 mark.
On Wednesday, the USD/JPY rate regained some of the previous lost ground and retraced back above the 110.00 mark.
The resistance to the USD/JPY held its ground on Monday as expected. As a result of the event the rate declined down to the 109.80 mark.
On Monday morning the USD/JPY rate was stuck below a strong resistance cluster. Moreover, it had no support, which indicated that the rate was set to decline..
The USD/JPY pair retreated on Friday. However, the pair remained in the range of the previous trading session.
On Thursday morning the USD/JPY currency exchange rate traded just below a strong resistance cluster, which was located at the 111.00 mark.
On Wednesday morning, the USD/JPY managed to break the upper trend line of a dominant descending pattern.