USD/JPY Technical Analysis.
Currently, USD/JPY is trading 107.26. The pair may start a new up trend if it breaks the resistance level at 107.49. Previously, the pair was trading in a down trading while moving in an lower-low lower-high pattern. If the pair breaks the resistance level and starts a new up trend, then its first target will be at 108.87 and the second target will be at 109.73.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
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.