Invezted

Usd/Jpy Market outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
23 0 1
Context:

price continous to stayy within its range of (118.600 / 120.400),
we just recently tested 120,140 again, and price rejected there creating a double top , and broke a demandline
we currently retest the recent high respectively 120.140, any lower high may cause a further
down move till 119.630

signs of strength:
support holds
rejection of fomrer broken resistance

signs of weakness:
resistance still holds
rejection of fromer MP            
broken demadnline
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out