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Montis_Beligardi

USD/JPY Next Possible Move

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Montis_Beligardi Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
3
0
trendanalysis
The USD/JPY pair keep following the uptrend line. USD/JPY try to break the 112 resistance after a bounce from an old resistance (now a support) at 110.92. If the pair break the 112 resistance the price will go to the 113.9 zone.

The Nonfarm Payrolls will be release in 14 minutes, this news can affect the pair (extremely volatile).

Be careful with your trade.
Comment:
USD/JPY Going down because of the bad result of Nonfarm Payrolls. Wait and see.
Remember support is at 110.92.
Comment:
On 110.92 support ;) +65 Pips if you have shorted it. Now we have to wait, if the 110.92 support break then the next support is 109.050.
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