– USDJPY broke resistance level 141.60
– Likely to rise to resistance level 145.00
USDJPY currency pair recently broke the key resistance level 141.60 (top of the previous sharp upward impulse wave (1) from last month).
The breakout of the resistance level 141.60 coincided with the breakout of the 61.8% Fibonacci correction of the previous downward correction from June.
Given the clear daily uptrend, USDJPY currency pair can be expected to rise further toward the next resistance level 145.00 (previous monthly high from June).
- 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