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USDJPY






8/2/2017 3:28:49 AM

USDJPY - Technical Analysis: Wednesday, 02/08/2017 07:28 GMT



The USDJPY pair shows clear rise after touching our waited target yesterday at 109.90, surpassing 110.60 barrier now on its way to test 112.00 level in the coming period, supported by the positivity that appears on RSI.

Thus, the chance will be valid to achieve more rise today, noting that breaking 109.90 will stop the expected rise and push the price to head towards our next main target at 107.83.


Target
Risk


Support
Resistance


Trend Bearish

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