USDJPY is testing 106.90 support, a breakdown below this level could signal resumption of the downtrend from 111.71; then further decline to the 104.00 area could be seen.
USDJPY is testing 106.90 support, a breakdown below this level could signal resumption of the downtrend from 111.71; then further decline to the 104.00 area could be seen. Near term resistance is at 108.20, a break of this level could trigger another rise towards 109.40 resistance.
Futures, options, stocks, ETFs and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for you. You should therefore carefully consider your investment experience as well as financial condition before deciding if trading is suitable for you.
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