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Gold •10 mins	1,426.30	-0.40	-0.03%
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WTI Crude •11 mins	56.14	+0.38	+0.68%
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Silver • 10 mins	16.37	+0.18	+1.08%
Copper • 10 mins	2.733	-0.020	-0.71%
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Natural Gas • 10 mins	2.287	+0.059	+2.65%

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USD/JPY - Monitoring Support At 110

By - Apr 06, 2017, 6:07 AM CDT

USD/JPY's momentum is slowing down. Hourly resistance is given at 112.20 (31/03/2017 high). Stronger resistance can be located at 113.57 (16/03/2017 high) while support is given at 110.11 (27/03/2017 low).

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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