Yesterday, the USD/JPY was trading lower and closed the day in the red zone near the price of Y107.20. Today, it was trading in a narrow range Y107.10-25, remaining near yesterday's closing price. On the hourly chart, USD/JPY is still trading above the MA (200) H1 moving average line (Y106.75). At the same time, on the four-hour chart, it remains below the MA 200 H4 line.
Resistances levels are at: Y107.65-75, Y108.00, Y108.50-55
Support levels are at: Y106.80, Y106.25, Y106.00
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