The USDJPY has extended the upward run for four and a half weeks and it is trading above the key support level of 113.60. As lon as the pair remains above this level on four-hourly basis, we expect the positive view may gain momentum. At this point, we will face resistance levels at 114.80 and 115.85. Although, if the pair drops below 113.60, the next support level will be at 112.75.
11 May 17 (Thu)
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.
© 2019 One Billion Signals All Rights Reserved