TipTVFinance

USD/JPY - Nice rounding bottom on the daily chart

OANDA:USDJPY   U.S. Dollar/Japanese Yen
As we can see, the spot has formed a nice rounding bottom on the daily chart over the last five months.

The chart thus suggests potential for a rise to 106.00-107.50 levels.

A bullish Dollar-Yen chart ahead of the US elections once again point to the low odds of Trump victory. But as said earlier, charts are unreliable given the markets have been responding to the unreliable polls.

Nevertheless, the chart does say that dip demand still could be seen post Trump victory. Bullish invalidation is see only below 100.00 levels.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out