USDYEN 111.20.. What s behind that level.

USDYEN: On the left daily time frame. 111.35 the 200 SDMA
On the right short term 111.40 (rejection high). 111.37 (low 26 OCT18)
Thats the frist serious resistance followed by 111.55 then 111.77/80.

I am flat looking to sell.

Commento:

The risk is supported today, USDYEN is benefiting from it.