USD/JPY is very bullish at the moment and I think it will rally back
to 109.90 - 110.00. If it breaks out above that resistance zone it may
reach 110.60.
USD/JPY rallied after FOMC didn't hike the interest rate yesterday and the pair reached a new high at 112.71. I think the overall upward trend could continue to 114.50.
USD/JPY found resistance at 112.70 and some correction to the
downside is possible, but the overall upward trend is still active. I
think the next target of the correction is around 111.10.
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Undecided at the moment, what are you thoughts, guys?
Price should sideway in 38.2 range.
Usd/Jpy started the week with a bullish gap, and consolidating further push the resistance level to around 111.30/40 zone.
Good move last week. Let's see if it continues. JPY is depreciating rapidly.
USD/JPY rallied after FOMC didn't hike the interest rate yesterday and the pair reached a new high at 112.71. I think the overall upward trend could continue to 114.50.