Technical Analysis: USD/JPY

USDJPY managed to meet the second target, 150.90-151.45, and managed to break above it yesterday

Our new target now is toward 154.65 as we advised before

As we see over the chart, market facing support zone around 150.90-151.45 and 149.75 where as long as market holding trades above one of those supports the target will sustain toward 154.65

First Intraday support laying at 151.75

  SUPPORT RESISTANCE
LEVEL1 151.75 153.15
LEVEL2 150.90 154.65
LEVEL3 149.75 155.85

(Click on image to enlarge)


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