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Gold •10 mins	1,404.70	-6.50	-0.46%
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WTI Crude •11 mins	57.76	+0.14	+0.24%
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Silver • 10 mins	15.64	-0.04	-0.24%
Copper • 10 mins	2.700	+0.000	+0.00%
Ethereum • 1 min	203.62	-22.22	-9.84%
Brent Crude • 11 mins	64.67	+0.32	+0.50%
Natural Gas • 12 mins	2.300	+0.014	+0.61%

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USD/JPY - Landing On Support At 111.36

By - Feb 09, 2017, 6:46 AM CST

USD/JPY is slowly pushing lower towards support at 111.36 (28/11/2016 low). Hourly resistance is given at 115.62 (19/01/2016 high). The break of hourly support given at 112.57 (17/01/2017 low) has confirmed bearish pressures.

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

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