• USDJPY reversed from support level 131.40
• Likely to rise to resistance level 135.33
USDJPY recently reversed up from the key support level 131.40 (former monthly high from May, which has been reversing the pair after it was broken in June).
The upward reversal from the support level 131.40 created the daily Hammer, which started the active intermediate impulse wave (5).
Given the predominant uptrend, USDJPY can be expected to rise further toward the next resistance level 135.33 (top of the previous correction B).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies