Buy USD/JPY breakout above 113.80, target 114.25/55

FX:USDJPY   U.S. Dollar / Japanese Yen
172 0 8
Markets likely calmed by higher than expected Chinese CPI             figures, risk-on back.

USD/JPY             rallied to hit session highs at 113.80, but upside likely struggling at strong trendline resistance (113.80).

The pair has edged slightly lower and is currently holding at 113.77 levels, breaks above 113.80 could see 114.25 and then 114.55 levels.

Supports on the downside are located at 114.46 (10-DMA) and further below at 113.37 (5-DMA).

Next immediate resistance is seen at 113.80 (session highs and trendline ), and then at 113.92 (Mar 7th highs).

Buy breakout above 113.80, SL 113.30, TP: 114.25/55
EN English
EN English (UK)
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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