rishililawat5

USD/JPY Technical Analysis.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Currently, USD/JPY is trading at 104.55. The pair is trading in a downtrend from some time and now rebounded back after touching the support level at 104.10, as it has rebounded from the support level , it can be an event effect. If it breaks the support level at 104.10 and enters the support zone , then it can go down further and touch the bottom of the support zone at 102.21.

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

Do follow us for future Forex trend analysis and Ideas.

Thank you,

Rishikesh Lilawat

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out