Get started
KeytoMarkets

USDJPY: Rebound resuming

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
KeytoMarkets  
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns
5
0
chartpattern
The underlying indicators remained bullish and the price settles above 20MA. It erased the nine-weeks descending trendline.
Above 107.30 could be rebounded further to 107.90/108.00 levels. To limit the risk use sl at 106.25
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.