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USDJPY






3/21/2017 3:10:06 AM

USDJPY - Technical Analysis: Tuesday, 21/03/2017 07:10 GMT



The USDJPY pair provided some positive trades to approach from testing the exponential moving average 100, and RSI moves towards losing its positive signals, to support the expectations of continuing the bearish trend in the coming period.

Thus, the bearish trend will be expected for today, and breaking 112.00 level is required to confirm extending the correctional bearish wave towards 109.94, while surpassing 113.60 will lead the price to visit the most important resistance to the short term trading at 114.54.


Target
Risk


Support
Resistance


Trend Bearish

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