Trading1to100

USDJPY CONSOLIDATION

FX:USDJPY   U.S. Dollar / Japanese Yen
13
Currently in consolidation support between 109.60-109.20 break below here then 108.50 possible, break below 108.00 then much lower price zone.
break above blue trend line around 111.00 then 113.20-113.60 1st price zone, above here next price zone 115.90-116.20.
Comment:
price above the trendline, price zone within 111.65-112.00 and upto 112.40. due for consolidation before continuation of the upside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.