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KENJICHEN

0328-USDJPY Analysis

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
KENJICHEN  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Trend Lines USDJPY usdjpylong jpy
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trendanalysis supportandresistance trendline usdjpy usdjpylong jpy
snapshot

USDJPY
Yen got downward channel pattern recent days, however, it can be seem as a recharge status.

So, I recommend to long USDJPY for anticipating soaring to resistance area and breakout to 110.70.

Support: 110.06 / 110.20

Resistance: 110.44 / 110.70
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