USD/JPY, buyers don't give up!

usd-jpy 26.03.

USD/JPY declined today to 118.32 low during the day, where the pair find strong support and buyers, which has returned the pair up to 119.00 at the time I am writing this analysis. As you can see in my analysis, 118.30 is previous strong support from February and that would not be easy to brake down. On the way up, first resistance lies at 119.20/30, stronger at 119.80/90! Daily MA100 is very important as well, placed today at 118.74! US dollar buyers stikes back on each stronger decline here.

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