USDJPY recently broke through the resistance area lying between the key resistance level 113.00 (which stopped the previous sharp impulse wave (A) in the middle of July, as can be seen below) and the resistance trendline of the daily up channel from August.
The breakout of this resistance area continues the active short-term impulse wave 3, which belongs to the medium-term impulse wave (C) from last month.
USDJPY is expected rise further and retest the next resistance level 113.50 (forecast price for the completion of the active impulse wave 3).
- 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
