Technical analysis:
USD/JPY has been trading upside this morning and I found the breakout of the downside channel, which is good sign for the further upside movement.
Due to the breakout of the downside channel and strong upside momentum this morning, I see potential for the further rally towards upside references.,
Upisde objectives are set at the price of 139.50 and 140.90
MACD oscillator is showing fresh new upside momentum, which is good confirmation for the further rally.
Key support is set at the price of 137.40
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
USD/JPY
has been trading upside
this morning and I found the breakout of the downside channel, which
is good sign for the further upside movement.
Due
to the breakout of the downside channel and strong upside momentum
this morning, I see potential for the further rally towards upside
references.,
Upisde
objectives are set at the price of 139.50 and 140.90
MACD
oscillator is showing fresh new upside momentum, which is good
confirmation for the further rally.
Key
support is set at the price of 137.40
The material has been provided by InstaForex Company – www.instaforex.com
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