USDJPY continues to fall after the earlier breakout of the key support level 109.70 (monthly low from March) – which was preceded by the breakout of the support trendline from January.
The breakout of the support level 109.70 is likely to strengthen the bearish pressure on this currency pair.
USDJPY is expected to fall further inside the active medium-term ABC correction (4) toward the next support level 109.00.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
