FxWirePro
Long

USD/JPY Daily outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
272 0 1
USD/JPY             has broken short term resistance 119.20 (Feb 6th high) and is trading well above the level. Overall trend is bullish as long as support 118 holds.

Intraday support -119.20. Break below 119.20 will take the pair to 118.80/118.50.

Intraday resistance- 119.95.On the upside break of 119.95 will take to next target 120.70/121.80.

Indicators (1 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy

Recommendation: Buy USD/JPY             around 119.60, SL 119.18, Targets 120.70.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out