- USD/JPY remains bearish forming lower lows and lower highs
- The level to beat is the 108.30 support.
USD/JPY daily chart
USD/JPY erased almost all the gains made in the month of January. The spot is challenging the 200-day simple moving averages (SMA) while below the 109.00 figure
USD/JPY four-hour chart
Resistance 108.71, 109.00, 109.30
Support 108.30, 108.10, 107.69
Additional key levels