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Farooq

Technical Analysis – USDJPY _ 25-03-2019

HomeTechnical AnalysisTechnical Analysis – USDJPY _ 25-03-2019
25
Mar
Technical Analysis – USDJPY _ 25-03-2019

The pair fell to achieve its first target of the downside scenario at 110.05 support on Friday … The possibility of the downside remains with the adjustment of the area of failure of the scenario to become 111.00, and could go to the second target at 109.25 support and support 108.50 as a third target.
A breach of 111.00 might be enough to end the downside scenario, and could then continue towards the resistance at least 112.00.

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