• USDJPY reversed from resistance level 110.50
• Likely to fall to support level 109.25
USDJPY currency pair recently reversed down with the daily Shooting Star form the key resistance level 110.50, intersecting with the daily upper Bollinger Band.
The downward reversal from the resistance level 110.50 stopped the previous impulse waves (iii), 3 and (3).
USDJPY can be expected to fall further toward the next support level 109.25 (which has been steadily reversing the price from June).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
