Free Trial

Test 119 handle and highest since 2016

USD
  • USDJPY is once again testing the 119 handle, with immediate resistance at 119.12, printed this week.
  • This was the highest print since 05/02/16.
  • Better resistance are seen at 119.18 3.236 proj of the Feb 24 - Mar 3 - 4 price swing, followed by 119.38 3.382 proj of the Feb 24 - Mar 3 - 4 price swing

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.