FxWirePro
Long

USD/JPY long term outlook- Buy Setup

FX:USDJPY   U.S. Dollar / Japanese Yen
289 0 6
USD/JPY             has once agin taken support near 119.50 (200 day HMA ) and recovered till 120.20 from that level. So overall trend is still bullish a jump till 121.20/122 cannot be ruled out .

On the downside major weakness can be seen only below 119.50 break below targets 119.20/118.60.

The pair's major resistance is around 120.35 and break above targets 120.75/121.20/122 ins hort term .

it is good to buy on dips around 120.10-15 with SL around 119.45 for the TP of 121.20/122
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out