The USDJPY rallies again to the 113.22 level, above its 55 day EMA, but the 114.00 level may act as resistance. To the downside, the 112.00 level may act as support.
The USDJPY stays below the 55 day EMA at the 112.96 level and even though it has been losing its momentum, the price may continue falling to the 112.00 level. Above the 55 day EMA, its next resistance could be the 114.00 zone.
Follow up on the USDJPY. The pair heads higher towards the 113.67 level, but the 114.00 zone could act as resistance. To the downside, the 55 day EMA at the 113.00 level is still its most relevant support level.
The beginner's guide to FX trading