USDJPY - Technical Analysis: Tuesday, 20/01/2015 07:07 GMT
The price succeeded to step above 117.90 level and attempts to build support base above it, and the bulls’ power indicator rises gradually to support achieving more positivity.
The exponential moving average 50 forms a positive support now, and breaching 119.90 will offer more confirmation on the continuation of the bullish trend.
Trend
Bullish