USDJPY broke below 105.98 support. Further decline could be expected in a couple of weeks, and the next target would be at the 104.00 area.
USDJPY broke below 105.98 support. Further decline could be expected in a couple of weeks, and the next target would be at the 104.00 area. Near term resistance is at 106.50, and only a break above this level could trigger another rise towards the falling trend line on the daily chart.
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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