Intraday Elliottwave Analysis: USDJPY, Beware a small top format
USDJPY reached 110.37 in Asia market.
Daily oscillators already cross-over from the top of their range.
Below 110.90, we could not rule out a small top formation.
If so, today will not touch or close above 111.19.
Above here, will challenge another leg higher toward 111.70/95, or even 112.59.
We should be cautious before Fed Minutes released.
Daily support Levels: 110.29 110.24 110.14 109.94 109.66
Daily resistance Levels: 110.70 110.90 111.12 111.46 111.70 111.95
For more details please visit www.fxstreet.com/ana...w-11090-201805230538
Daily oscillators already cross-over from the top of their range.
Below 110.90, we could not rule out a small top formation.
If so, today will not touch or close above 111.19.
Above here, will challenge another leg higher toward 111.70/95, or even 112.59.
We should be cautious before Fed Minutes released.
Daily support Levels: 110.29 110.24 110.14 109.94 109.66
Daily resistance Levels: 110.70 110.90 111.12 111.46 111.70 111.95
For more details please visit www.fxstreet.com/ana...w-11090-201805230538