USD / JPY Technical Analysis - Uniglobe Markets

USD / JPY Technical Analysis

Posted on July 11, 2019 at 06:17 AM

The pair continues to rise against the Japanese yen, and is now settling around the 108.30 level. His stability around this level will keep our positive outlook for the pair. We target 109.30 to confirm the upside move, but when breaching 107.80 will put the price in negative trading.

Support: 108.40

Resistance: 109.15

Trend: The pair is trading above 108.30 targeting 109.30 as long as it maintains stability above 107.80

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