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The US dollar is easing against the yen on Tuesday.
The exchange rate has fallen below the weekly R1 (107.79) during the Asian session and remains below it at 0855 GMT.
If the exchange recovers the inflicted losses, the next target may lie on the 20-hour SMA somewhere in the 108.50 area. The hourly RSI ticks below 20.
The weekly pivot point is located at 109.05 and the weekly S2 at 106.79.
The exchange rate has fallen below the weekly R1 (107.79) during the Asian session and remains below it at 0855 GMT.
If the exchange recovers the inflicted losses, the next target may lie on the 20-hour SMA somewhere in the 108.50 area. The hourly RSI ticks below 20.
The weekly pivot point is located at 109.05 and the weekly S2 at 106.79.
