USDJPY Technical Analysis - A move under 119.30 will turn us negative on USDJPY
Currency

USDJPY Technical Analysis - A move under 119.30 will turn us negative on USDJPY

25 March 2015, 21:11
Sergey Golubev
Sergey Golubev
0
412

USDJPY

  • USDJPY has come under fairly steady pressure since failing earlier in the month near 122.00
  • A move under 119.30 will turn us negative on USDJPY
  • A move back through 121.20 is needed to re-instill upside momentum into the exchange rate
  • Very minor turn windows are seen

InstrumentSupport 2Support 1SpotResistance 1Resistance 2
USDJPY 119.30 119.50 119.50 120.20 121.20
#support, resistance, usdjpy, technical analysis