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QuillanBlack

USDJPY - Stuck around a strong level of resistance

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
QuillanBlack  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
12
0
trendanalysis
USDJPY - Stuck around a strong level of resistance around 114.360 - 114.200, but is definitely being back by tons of buyers volume. We’ve been seeing tons of struggle to pass this zone from the multiple failed attempts. You’re seeing back to back long wick candlestick formations towards this zone. We might find a bit of a pause in the market is this zone keeps wicking out, but overall still bullish on the higher timeframe analysis.
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