FxWirePro
Short

USD/JPY breaks trend line support , targets 120.50

FX:USDJPY   U.S. Dollar/Japanese Yen
179 0 4
USD/JPY             breaks major support of 122.20 on Friday and declined till 121.80. It 's short term support is around 121.70 ( trend line support) and in asian session today morning it has broken that level and declined till 121.17.
it has broken short term support 121.70 , a decline till 120.50 cannot be ruled out .

Overall trend is still weak as long as resistance 122.45 holds.

Any break above that level will take the pair to next level till 123/123.50 in short term.

It is good to sell on rallies around 121.75-80 with SL around 122.40 for the TP of 120.50
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out