• 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).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies