The US dollar is rising against the yen on Tuesday. The exchange rate rose till 111.15 during European early morning and now, at 08h00 UTC trades 5 pips below the high of the session, so far.

If the motion north persists, the next target may lie at 111.48, where the weekly R1 is located at. The weekly PP stands at 110.99. On the other hand, a relaxation would prompt the exchange rate to test the weekly S1 located at 110.44.
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