The Bearish action is behind the USDJPY pair and it is moving down towards the 111.90 major support level. If the pair falls below 111.90 and remains below that level on a daily basis, we expect the bearish action may gain momentum. In this case, the next support level will be at 110.50. Although, if the pair shows upward move, we will face 112.75 and 113.60 again as resistance levels.
17 May 17 (Wed)
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2020 One Billion Signals All Rights Reserved