USD/JPY is trading above 200 day 4HMA, jump till 122 is possible

FX:USDJPY   U.S. Dollar / Japanese Yen
165 0
RES 4: 122.05

RES 3: 121.20

RES 2: 120.38 (Cloud bottom)

RES 1: 119.88 (200 day 4HMA)

PRICE: 119.91 @ 5:14 GMT

SUP 1: 119.30 (Kijun-Sen)

SUP 2: 118.20

SUP 3: 116.85

SUP 4: 115.55


USD/JPY has taken support near Kijun-Sen and recovered from that level. Short term trend is bullish as long as support 119.20 holds.

On the upside minor resistance is around 120.38 and any break above would extend gains till 121.20/122.

It is good to buy around 119.90 for the target of 122 with stop around 119.30.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows 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 Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out