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Farooq

Technical Analysis – USDJPY _ 11-02-2019

HomeTechnical AnalysisTechnical Analysis – USDJPY _ 11-02-2019
11
Feb
Technical Analysis – USDJPY _ 11-02-2019

The pair is still moving within the narrow range around the resistance area 109.90 – 110.10 … It is better to wait until this resistance is breached and confirm the upside move to be the next potential targets around 110.90 as the first target and 111.70 as the second target.

but the drop and the breach level 109.15 might be enough to end the upside potential and the price could be tested for the 108.50 support as the first target and then the 107.80 support as the second target.


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