OctaFX_Official

USDJPY STRONGLY BULLISH ABOVE 111.39 LEVEL

FX:USDJPY   U.S. Dollar / Japanese Yen
The US dollar             has finally broken away from range-bound trading conditions against the Japanese yen             currency, with the USDJPY             pair hitting 111.80 after a strong technical breakout from a bullish descending triangle pattern. The short-term trend has now turned bullish , and further upside is expected in the USDJPY             pair while price continues to trade above the 111.39 support level .

The USDJPY             pair is intraday bullish while trading above the 111.39 level, key resistance is found at the 111.80 and 112.05 levels.

If the USDJPY             pair moves below the 111.39 level, sellers may test towards the 111.20 and 110.90 support levels.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out