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USDJPY






3/10/2017 1:40:34 AM

USDJPY - Technical Analysis: Friday, 10/03/2017 06:40 GMT



The USDJPY pair surpassed 114.54 level clearly and rallied to the upside to start bullish wave that targets visiting the recently recorded top at 118.66, thus, the bullish trend will remain expected in the coming period, supported by the exponential moving average 100.

The price stability above 114.54 represents the first condition to continue the expected rise, as breaking it will push the price to attempt to return to the correctional bearish track again.


Target
Risk


Support
Resistance


Trend Bullish

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