USDJPY’s downside movement from 112.22 had completed at 101.17 already. Another rise towards 113.00 would likely be seen over the next several weeks.
USDJPY’s downside movement from 112.22 had completed at 101.17 already. Another rise towards 113.00 would likely be seen over the next several weeks.
Near term support is at 105.20, only a break below this level could bring the price back towards 100.00.
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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